Megers and aquisitions have become a major factor of corporate life and have been fully researched in the financial and strategic literature. However, despite the increasing interest in this topic, there is not consensus about the causes of merger failure. This paper reviews the literature on...

We consider two alternative models of work organisation: One deals with those organisational systems which rely on the commitments of its members for realizing set productivity targets. The other is a strategic model which considers the role of its members' strategies as a defining input towards...

To the authors' knowledge this is the first study to use Case-Based Reasoning (CBR) to explore the domain of Transfer Pricing. Data has been collected from a sample of UK multinational enterprises (MNEs) concerning their transfer pricing policies. This paper illustrates the applicability of CBR...

When organisational members work on strategy development shared sets of beliefs influence the strategic decision process and, thus, can influence the performance of an organisation. The relationship between the development of shared sets of belief and the strategic decision process has not yet...

This paper provides new evidence on the determinants of foreign currency sovereign ratings. It examines the systematic differences between credit rating agencies regarding both the factors included in the sovereign rating process and the weightings attached to these factors, as well as the...

This paper examines the role of information in the management of railway entreprises from 1900 to c1921. Historically the railway sector has been as backward in adopting new management techniques. Only the North Eastern Railway and its use of statistical analysis for management control has been...

Collaborative supply relationships (CSRs) are growing in significance in contemporary inter-organizational management. Their growing significance apart, they are distinguished from traditional buyer-supplier relationships by their unique characteristics. These unique characteristics have...

This paper compares the performance of Black-Scholes with an artificial neural network (ANN) in pricing European style call options on the FTSE 100 index. It is the first to study the performance of ANNs in pricing UK options, and the first to allow for dividends in the closed-form model and the...

This paper presents a formal analysis of the effects of asset backed securisation on the capital composition of banking institutions. A model of a banking firm is presented that highlights the interrelationship between deposit insurance, capital requirements and securitisation.