This paper deals with approving the effect of both a governance system and individual cognitive and emotional features in the financial analysis of a firms’ innovation decision. After discussing the theoretical linking between ownership concentration and the CEO’s attitude and behavior, we...

Situation awareness (SA), human factors (HF), user-oriented design (UOD), object-oriented design (OOD) are all scientific concepts and practices developed within industrial management contexts. In scope, HF thinking incorporates diverse knowledge and techniques gleaned from various disciplines...

In this paper we integrate the literature on decision quality with considerations specific to boards of directors. In order to maximize the value of their decisions, boards of directors must look beyond their legal obligations and incorporate business ethics and the latest developments in...

We present a model for optimal execution of the financial derivatives. We show that if rehedging of the underwriter of the derivative is considered, the optimal strategy is generally non-deterministic even for deterministic price impact functions. This approach can be utilized for optimal...

Methods for leader's detection and overthrow in networks are useful tools for decision-making in many real-life cases, such as criminal networks with hidden patterns or money laundering networks. In the given research, we represent the algorithms that detect and overthrow the most influential...

In the given research we study a leadership formation of the most influential nodes in networks. Specifically, we analyze the competition between a leader and a follower based on the Stackelberg leadership model. Applying the concept of Shapley value to measure node’s importance, we represent...

In the given research we analyse how an agent can move towards leadership in a socio-economic network. For the node’s (i.e., agent’s) importance measure we use the Shapley value (SV) concept from the area of cooperative games. We consider SV as the node’s centrality that corresponds to the...

The aim of this paper is to explore the determinants of firm investment decision under the manager’s psychological characteristic. Previous research investigating the relationship between overconfidence and financial decisions has studied investment, financing decisions and firm values....

The aim of this paper is to explore the determinants of firms’ financial policies according to the manager's psychological characteristics. More specifically, it examines the links between emotional intelligence, decision biases and the effectiveness of firms' financial policies. The article...