The evolution tree model is a two-dimensional model that describes how the versions of the artifacts of a software product evolve. The propagation graph is a data structure that can be used for effective control of the evolution of the artifacts of a software product. In this paper we extend the evolution tree model and propagation graph to handle the evolution of a software product line. Softw...

The purpose of this conceptual article is to develop argumentation of the knowledge assets of a firm as consisting of three constructs, to extend the conventional explicit, tacit dichotomy by including potential knowledge. The article highlights the role of knowledge, which has so far not been utilized in value creation. The underlying assumption in the article is that knowledge assets can be t...

We present a methodology for rating the creditworthiness of public companies in the U.S. from the prices of traded assets. Our approach uses asset pricing data to impute a term structure of risk neutral survival functions or default probabilities. Firms are then clustered into ratings categories based on their survival functions using a functional clustering algorithm. This allows all public fi...

Indian banking industry has transformed in recent years due to the globalization market which has resulted in fierce competition. This new competitive environment has resulted in new challenges for the Indian banks especially for public sector banks to retain their share. The present paper is mainly concerned with the analysis of factors that influence the performance of banks. The paper examin...

Managers can improve real risk-adjusted firm performance by matching nominal assets with nominal liabilities, thereby reducing the sensitivity of real risk-adjusted returns to unexpected inflation. We model these returns as a function of nominal and real assets and liabilities and illustrate our proposition using a simulation. We test the empirical implications of our model in a sample of liste...

In June of 2012, I commenced the weighty task of searching the far reaches of Phoenix Art Museum's digital storage spaces to import images into a recently acquired collection management system, The Museum System (TMS). Before my newly created position as Visual Resource Coordinator began, each department generated and stored assets with their own organizational system in digital silos. I excava...

In an aging world, how does a country’s demographic structure impact external positions in safe and risky assets and their respective prices? We answer these questions combining endogenous portfolio choice over the life-cycle with a two-region, general equilibrium model. We show that when one region is aging faster than the other, its demand for both safe and risky assets increases, whereas a g...

We employ the theory of incomplete contracts to examine the relationship between ownership and investment in electronic networks such as the Internet and interorganizational information systems. Electronic networks represent an institutional structure that has resulted from the introduction of information technology in industrial and consumer markets. Ownership of electronic networks is importa...

We introduce a new numerical approach to value structured financial products. These financial products typically feature a large number of underlying assets and require the explicit modelling of the dependence structure of these assets. We follow the approach of Kraft and Steffensen (2006,[26]), who explicitly describe the possible value combinations of the assets via a Markov chain with a port...