This paper examine differences between risk-neutral and objective probability densities of future interest rates. The identification and quantification of these differences are important when risk-neutral densities (RNDs), such as option-implied RNDs, are used as indicators of actual beliefs of...

The complexity and the high degree of difficulty that presents an effective organizational strategy execution a critical component of this process remains an effective management team. Can not be considered an effective strategy execution without a group of managers with the skills to make...

Management practices and methods have changed over the last decade and will continue to change. Management control systems it needs methods and modern techniques to support managers in making decisions Activity Based Management it is a method that is focusing on the management of activities...

A current issue of organizations for the last 20 years is represented by the analysis of the information relevance, management tools and their influence on the decisional process. The main challenge however resides in the way organizations, in general, and control tools, in particular, respond...