Purpose – This paper aims to provide upper‐level accounting and/or finance students with a review of the intricacies of option pricing, discounted cash flow (DCF) capital budgeting decision models, various types of real options, how risk analysis of long‐term capital investments can be...

Summarizes the main hypotheses used in previous research on dividend policy and reports a study of patterns in dividend payouts/growth using neural networks as a data mining technique. Discusses the properties of neural networks, recognizes that they are unsuitable for hypothesis testing and...

Purpose – Asset liability management is a multi-dimensional set of activities. Against this backdrop, the purpose of this paper is to build a goal programming model for optimally determining the asset allocation and liability composition for Indian Banks. Design/methodology/approach – The...

This paper presents a simple method to assess the value of a commercial property, considering the cost and timing of refurbishment. It is constructed on the understanding that net rental income tends to decrease as the property ages, while maintenance cost increases with time. As a result, there...

Many of the financial instruments used in classic investment analysis do not apply to typical information technology investment decision making because of the multi‐criteria and multi‐objective nature of the problem. This is particularly true when integrating strategic, tactical, and...

Purpose – Practitioners often face challenges in model development when establishing a relationship between the input and output variables and their optimization and control. The purpose of this paper is to demonstrate, with the help of a real life case example, the procedure for model...

Purpose – The purpose of this study is to show the importance of adequately considering quality measures within the use of composite indicators (CIs). Policy support often relies on high quality indicators. Often, the underlying data of relevant indicators are coming mainly from sample...

Foreword -- Preface -- Contents -- 1 Decisions and Sensitivity Analysis -- 2 Setup of Sensitivity Analysis -- Part I Deterministic Methods -- 3 Tornado Diagrams -- 3.1 The Underlying Intuition -- 3.1.1 Formal Treatment: First-Order Sensitivity Measures -- 3.1.2 Algorithmic Implementation --...

The study aims to present from a technical-economic point of view aspects related to the cost behaviour, according to the cost-volume-profit analysis model and the sensitivity analysis, of cereal products (maize and wheat) grown in conventional and organic farming systems. In Romania, according...