Our study examines the group decision-making process and proposes a multi-criteria framework for e-commerce solution investment in information technology (IT) portfolios. First, the evaluation criteria that fit in the IT evaluation context are constructed. Second, the Fuzzy Analytic Hierarchy Process (FAHP) is employed to determine the weights of decision criteria and the benefit score to the c...

In a developing economy the real profitability of an industry needs to be assessed neither on the basis of its increasing rate of return nor on investment in relative terms. In recent decades another or additional approach has been used for measuring the success of an organisation i.e. “Value added statement” (VAS). The value added statement can be defined as a statement of the value created by...

The employees’ decision to become shareholder of the company they work for can be a consequence of employers’ matching contribution in company stock. From a behavioral perspective, employees would regard these contributions as an implicit investment advice made by their employer. This paper adopts another viewpoint. Since employee ownership can be used as an entrenchment mechanism, we suggest t...

Managing inventory in distribution systems involves taking decisions on the quantity of inventory to be placed at different stages so that a desired customer service level can be achieved at minimum cost. In this paper, we present the case of the distribution system of an Indian FMCG company, which despite having centralized control takes replenishment decisions based on local stock information...

By considering the effect on company business from the random premium and inflations, and taking the surplus capital as investment to enhance the company payment’s capacity for the policy-holder, we proposed a compound negative binomial risk model for the inhomogeneous double type-insurance. For the proposed model, some basic properties of the surplus process were analyzed to obtain its station...

represent its worthiness if it is completed before the deadline. For example, consider a stock trading system of an investment consulting company that allows customers to make their orders of the stocks, each customer may set a deadline for the completion of the order transaction. The commission of the company is a percent (say 3%) of the dealed stock price for each transaction. From the standp...

In this paper, an analogy between IT firm valuation and IS valuation is used to learn from how investment banking professionals cope with the renowned valuation problem. It becomes clear that theoretically sound approaches like the discounted cash flow might be inappropriate to determine the true value of a software company. Especially for IT valuation, real options approaches are a promising w...