This book gathers together invited presentations from the 12th International Congress on Logistics and SCM Systems (ICLS2017) held in Beijing, China, August 20-23, 2017. The focus of the ICLS2017 was environmental sustainability in logistics and supply chains, particularly in the Asia-Pacific...

The joint provision of audit and non-audit services by audit firms to their audit clients has posed a threat to auditor independence. To mitigate the independence problem, the U.S. Securities and Exchange Commission (SEC) issued a regulation (SEC 2003) that prohibits audit partners from...

A new multivariate random walk model with slowly changing drift and cross-correlations for multivariate processes is introduced and investigated in detail. In the model, not only the drifts and the cross-covariances but also the cross-correlations between single series are allowed to change...