Strategic Management is a concept that concerns with making decisions and taking corrective actions to achieve long term targets and goals of an organization. The importance of strategic management in a firm can be answered by analyzing relationship between strategic management and...

Corporate Social Responsibility (CSR) is like a chameleon, that changes its colour according to the context it is in. In the developed economy, it takes the form of sustainability and/ or philanthropy, whereas, in emerging economies, it speaks the language of religious, political and/or mandated...

Win-win and eco-efficiency approaches to environmental management that focus on cost benefits from environmental improvement in business have been widely promoted in recent years. However they have been criticized because they are of limited appeal to small and medium sized enterprises (SMEs)...

Der Beitrag befasst sich mit der Rolle, die »smarte« Technologien im Rahmen der Energiewende einnehmen können, vergleicht die Smart-Grid-Anwendungen einiger europäischer Länder und zeigt die Grenzen eines intelligenten Netzes auf.

Seit Jahrzehnten werden in Deutschland Landkreise in der Hoffnung auf mögliche Einspareffekte fusioniert. Gegenwärtig diskutieren auch die ostdeutschen Länder Brandenburg und Thüringen die Neuzuschnitte ihrer Landkreise. Das Beispiel einer Kreisgebietsreform in Sachsen zeigt allerdings, dass...

Fusionen von Gemeinden und Landkreisen im Rahmen von Gebiets- und Strukturreformen werden regelmäßig mit der Möglichkeit von Ausgabensenkungen, Effizienzsteigerungen oder einer Professionalisierung der Verwaltung begründet. In diesem Beitrag wird ein Überblick über die aktuellen...

This paper examines the impact of the Sarbanes-Oxley Act (SOX), a legal framework intended to increase transparency and accountability of listed companies, on the cost of going public in the US. We expect SOX to increase the direct cost of going public, but decrease the underpricing because of...

The effective cost management during the conceptual design phase of a product is essential to develop a product with minimum cost and desired quality. The integration of the methodologies of quality function deployment (QFD), value engineering (VE) and target costing (TC) could be applied to the...

Cost management is a process that contributes to increases in efficiency that have an impact on a finished product. Comprehensive cost management uses information that is created by the cost accounting system and new concepts of measurement and valuation of product manufacturing costs. This...

Risk and financial cost management are becoming increasingly important in the oil industry, especially in companies that have mature oil fields as assets. In such cases, risk and cost analysis are crucial to their existence. The paper analyzes the risks and costs through the modification of...