Net present value is a very common criterion in capital budgeting processes. Usually, uncertainty is treated by means of probability theory and net cash flows are included in the model as random variables. Nevertheless, the lack of accuracy in estimation of future net cash flows does not always...

Purpose The aim of this paper is twofold. First, clustering patterns of urban hotels are explored, and, second, clustering effects on performance for upscale urban hotels are estimated. Design/methodology/approach Local indicators of spatial association (LISA) were computed using geographic...

Purpose: This study aims to understand how institutional logics influence the adoption and implementation of risk management (RM) practices by government entities in a non-western, developing country. Design/methodology/approach: This study draws on the institutional logics perspective (ILP) to...

Purpose: The purpose of this paper is to examine how experience and gender relate to the auditors’ moral awareness. Design/methodology/approach: Hypotheses are informed by a neurocognitive approach to ethical decision-making and tested using survey data from 191 auditors of a Big Four audit...