With the population in the U.S. and other countries ageing rapidly, the burden of future pension liabilities is ever increasing. In recent years, governments and companies have become much more aware of the inherent risks that are involved. As a consequence, there is a worldwide tendency to...

Interfirm relationships introduce new challenges for management accounting. One such challenge is to provide the information for the coordination and optimization of activities across firms in a value chain. In literature it is argued that a value chain analysis is a method to meet this...

Currently we are witnessing the disappearance of many man-made borders and an increased international cooperation in the European Union. At the same time, the former communist countries are going through a painful process of economic transformation. Whether these developments lead to an open...

It has become increasingly evident that technology is a major determinant of the competitiveness of cities and regions nowadays. The availability of new technology essentially reduces the amount of uncertainty with which companies deal in their daily operations. In addition, new technology is a...