BPM is a software category that offers information at a high level of synthesis so that management can take strategic decisions that draw tendencies and orientations for the enterprise. The goal of a BPM initiative is to steer the entire organization in the same direction, enabling the...

Accounting certification in the former Soviet republics lacks credibility. Accountants are not familiar with International Financial Reporting Standards or International Standards on Auditing. Certifications can be bought. Audit opinions can be sold. Financial statements that are auditing by...

Since the collapse of the Soviet Union each of the former Soviet republics has started the process of moving away from central planning and toward a market economy. Part of that process involves private sector institution building. One private sector institution that has generally experienced a...

In an auction with a buy price, the seller provides bidders with an option to end the auction early by accepting a transaction at a posted price. The Buy-It-Now option on eBay is a leading example of an auction with a buy price. This paper develops a model of an auction with a buy price in which...

This paper examines the impact of messaging and technical standards on competition in the supply of securities transaction management services. Two simple switching cost models are used to clarify the impact of standards on barriers to entry and on the incentives to adopt harmonised and...

Audit deficiencies have far-reaching implications on the users of financial reports, accounting firms and their clients, and the accounting profession. Section 104 of the Sarbanes-Oxley Act of 2002 (USHR 2002) requires the Public Company Accounting Oversight Board to conduct inspections of each...

Many media industries can be characterized as a quot;closed content marketquot; in which only subscribers of the distribution network operator (Network Provider: NP) have access to the content provided by Content Provider (CP). In these markets, the NP frequently charges the CP for providing...

Computer-aided software engineering (CASE) technology has been used to successfully automate time-consuming and repetitive engineering tasks with a goal of improving quality and productivity. Using CASE allows designers, code writers, testers, planners, and managers to share a common view of...

We explore the impact of specific corporate news issued by European companies in the ICT industry on the daily stock return. We compile 8.111 news issued in Press releases tab of the firm's website between January 2003-April 2005, and classify them into financial and non financial categories....

In recent literature, many authors argue that quot;Web developmentquot; is new and different. The arguments are, however, both debatable and debated, and often it is neither clear what is meant by Web development, nor what it is supposed to be different from. Often-suggested special...