The paper is aimed at analysis in the areas of strategic management, competitive position and decision-making in small and medium-sized construction enterprises according to their managers. It presents the results of the survey conducted in Czech Republic and Austria. The results are mutually...

In this chapter we examine the role of the CFO in setting risk management strategy with respect to macroeconomic risk, in particular, and we consider the information requirements for setting a strategy that is consistent with corporate objectives. We argue that macroeconomic risk management...

This study analyzes which types of firm-level shocks were associated with the centralization of strategic decision-making during the recession of 2008-09. We use a unique survey dataset of more than 14000 manufacturing firms from seven European countries which includes direct information on...

This paper deals with the impact of voluntary strategy disclosure in management reports on the cost of equity capital. Such an impact is not obvious, as investors might consider strategy information as “cheap talk” and therefore ignore it. We analyze a sample of 100 German listed firms from...

With companies investing millions of rupees or dollars in marketing communication including advertising, it is but natural to examine its impact on the bottom line of the firm. With markets ruling the roost, practitioners and researchers have turned their attention towards examining the impact...

Since the end of the '70s, many researchers have been pointing out some criticisms to the application of advanced financial techniques (e.g. Internal Rate of Return and Net Present Value) for valuing strategic investment decisions: a) their inability to take into account the value of managerial...

Purpose – This paper profiles the leadership and Financial Strategy principles of Dr. Henry E. Singleton, the late founder of Teledyne Corporation. Design/methodology/approach – The main sources of this paper are a private study prepared by Leon G. Cooperman, Chairman and CEO of Omega...

The aim of this paper is to grasp the processes underlying the genesis and assessment of synergies in M&A deals. We proceed to an in-depth scrutiny of the foundations of synergies using Porter's model of the value chain. A discernment of the nature of synergies and the mode of their emergence is...

Miles-Snow strategic typology has been successfully used in research, in strategy, and in organizational design. The key dimension underlying Miles-Snow typology is the organizational response to changing environmental conditions. In this paper, a new model is proposed with an extended...

This study analyzes alliance between Technology Based Firms (TBF) as a strategy to obtain strategic resources. Taking as reference the model from Vohora et al (2004), who determined that the TBFs perform better when they rely on strategic alliances at critical transitions in their stages of...