Architectural documentation is recognised as a mechanism for improving software quality and reducing development costs. However, many existing systems do not have any architectural documentation. To obtain the beneets of accurate architectural documentation, research suggests that we use tools to recover the architecture of a system, then continue to use these tools to keep the documentation up...

A decade ago, two companies introduced electronic instruments incorporating Artifact Calibration, a technology by which an instrument calibrates itself using a small number of external standards, thereby significantly reducing the cost of calibration and simplifying their path of traceability. Some national standards laboratories have been cautious about accepting Artifact Calibration, perhaps ...

In an increasingly globalised environment, modern manufacturing companies struggle to improve their integrated monitoring and control solutions with respect to total cost of ownership by reducing down-times during production, improving system performances and throughput and enabling for a faster fault detection as well as reducing energy consumption. The research currently done under the scope ...

Over the past 20 years, a widening gulf has appeared between the increasingly internationalized financing arrangements of the world’s leading corporations, and the persistence of nationally compartmentalized approaches to the study of corporate control. In lieu of direct empirical evidence on corporate control at the global level, the most widespread assumption is that the globalization of owne...

Most of the theoretical work on methods of calculating power indices used in this paper was done during sabbatical leave in 1996/7 and completed during 1997/8 when reliable computer algorithms were devised and implemented. A very preliminary version covering some of the methodological issues were presented to research seminars in the Economics department and the Business School at Warwick in th...

The principle of conservatism is the prudence against an uncertain situation to avoid excessive optimism from management and company owners. Consequently, if there a condition that likely cause loss, expense or debt, cost debt must be recognized immediately. variables used in this study include Institutional Ownership, Managerial Leverage, Profitability Accounting Conservatism. This research qu...

In this paper, we report the survey results from executives of companies in ten countries in Central and Eastern Europe (CEE) – Bulgaria, Croatia, Czech Republic, Hungary, Latvia, Lithuania, Poland, Romania, Slovak Republic, and Slovenia – regarding their companies’ capital budgeting practices. We document interesting insights on how theoretical corporate finance concepts are applied by practit...

Total Cost of Ownership (TCO) remains a significant factor that influences Enterprise Resource Planning (ERP) strategies and decisions. While “total” costs can and should include a wide range of factors, recent Aberdeen research has shown that the cost of software, services, and maintenance are those which are most often measured and considered when evaluating software or measuring the Return o...

2-ABSTRACT – This paper examines empirically the short run responsiveness of company performance to ownership and market structures, sector and regional specificity, and varying degrees of soft budget constraints. For a cross-sectional data set of Ukrainian firms, the paper provides evidence that post-privatization governance systems impact significantly on efficiency, notwithstanding the influ...

This article shows that individuals’ product market choices influence their investment decisions. Using microdata from the brokerage and automotive industries, we find a strong positive relation between customer relationship, ownership of a company, and size of the ownership stake. Investors are also more likely to purchase and less likely to sell shares of companies they frequent as customers....