John Shank (in this special edition) summarises the argument for complementing a capital budgeting approach to investment decisions with a broader strategic cost management (SCM) accounting approach incorporating three additional tools __ value chain analysis, cost driver analysis and...

This paper contrasts strategic decision making styles in Britain, Germany, the USA and Japan, first by reviewing contextual and cultural differences, and secondly through an analysis of 78 strategic investment decisions taken by 71 motor component manufacturers in the four countries. Specific...

The purpose of this study is to estimate the extent to which shareholder return influences changes in CEO option values. This study builds on prior research by employing two contrasting methods of valuing options, the Black and Scholes and the MSO option pricing models. Data was collected from...