Financial decision making is involved with a plethora of important issues for individual and institutional investors, managers of firms and organizations, as well as policy makers. The finance theory has adopted the wealth maximization principle, focusing on normative and descriptive approaches...

Financial distress prediction is an essential issue in finance. Especially in emerging economies, predicting the future financial situation of individual corporate entities is even more significant, bearing in mind the general economic turmoil that can be caused by business failures. The...

The main purpose of the study is to highlight the new service development as a key determinant of diversification strategy in the hospitality industry. Successful new services strengthen the hotels' innovation orientation, constitute the basis for the future competitiveness, growth and survival,...

The assessment of financial risks is a problem of major interest for corporate entities (organizations, financial institutions, firms, etc.). The vulnerable economic and financial environments necessitate the development of operational approaches to measure and control financial risks. Most of...

Recent research on robust decision aiding has focused on identifying a range of recommendations from preferential information and the selection of representative models compatible with preferential constraints. This study presents an experimental analysis on the relationship between the results...

Purpose -The purpose of this paper is to examine the efficiency and productivity of a Greek bank's branches. Design/methodology/approach -The sample consists of 458 branches of a Greek commercial bank, operating in 13 regions of Greece over the period 2002-2005, a total of 1,795 observations....