Coal is the major primary energy source in China. It is forecast that coal will account for over 60% of the primary energy consumption mix, and the total coal demand will reach 2.3-2.9 billion tons in 2020. However, ensuring the coal supply will be faced with a lot of obstacles in fields such as...

This paper focuses on the workplace accidents of Gecamines in a comparative perspective. Copper industry has been the cornerstone of Congolese economy since the colonial era. Katanga province is well known for its reserves of copper and cobalt. Many accidents occurred in mining operations of...

In May 2004 the CFO Forum harmonized the various efforts of reporting the embedded valueof life insurance companies by issuing the European Embedded Value (EEV) Principles.In this working paper a methodology is proposed to derive a maximum lending amountfrom EEV figures without much additional...

Valuation always has to deal with uncertainty. The paper provides an overview and illustration of how Monte Carlo simulation can enrich the due diligence process. Therefore ; the four major software offerings on the market today are reviewed. The investigation addresses different characteristics...

Non-financial risk factors play a fundamental role in supporting the competitive position of companies in many of today's industries. Though, assessing these ambiguous factors in a valuation based on a Monte-Carlo simulation is particularly difficult. This paper presents how the fuzzy-set theory...

This research studies risk and how to manage it during new product development projects. It highlights the major types of risk in NDP as well as what are some of the more common risk management and process tools. The research proposes an approach to risk management systems, and what managerial...