Im Jahr 1997 riefen die Staats- und Regierungschefs der EU-Mitgliedstaaten die "Europäische Beschäftigungsstrategie" ins Leben. Während der damalige Bundeskanzler Helmut Kohl einer gemeinschaftlichen Beschäftigungspolitik eher skeptisch gegenüber stand, sollte der Kampf gegen die...

Purpose – The purpose of this paper is to propose a conceptual architecture for the development of an auction business‐to‐consumer marketplace where sellers offer available resources and services aiming to maximize their revenue while on‐the‐move travelers bid for them subject to the...

Manipulations with the financial statements have become a common element of the corporate financial life. As such, Enron's failure in 2001 represents the biggest business bankruptcy ever while also spotlighting the inefficiency of detecting financial fraud in the early stages. Particularly, the...

The credit crisis erupted in August 2007, with the failure of two Bear Stearns hedge funds, was a warning sign of what would follow. However, most firms did not take advantage of those signals to correct their weaknesses, and remained impassive to the new economic reality. Indeed, Lehman...

While financial institutions exploit globalization in the banking system, a natural byproduct of this expansion, the increased risk, affects the internal and external environment of banks and enhances banking probability of failure. This happens because of the fact that every operational...

Pricing different types of derivative contracts to minimize risk is a significant step for business sustainability. Whaley (2006) refers that for the European Puts and Calls, known as vanilla options, there is a closed form solution that delivers the 'fair' price of the option with respect to...

It is said that nothing in this world is certain except for death and taxes. For those with clever accountants, however, the latter can be kept to a minimum. Particularly, companies seek to minimize their tax liability through "tax planning", adopting deductions, rebates, exemptions and other...