This paper addresses the influence of managerial decision-making processes on the evolution of industries. Managers face very complex investment decisions due to uncertainties about customer acceptance, market size, technology, actions of competitors, and a dynamic complex feedback system. Managerial decision-making processes are almost the most influential variable to manipulate the evolution ...

We examine the impact of biases in managerial judgment and in accounting reports on the voluntary disclosure of private managerial information. We show that any biased managerial judgment in interpreting private information that is voluntarily disclosed, and negatively biased accounting (conservatism), reduce voluntary timely disclosure by firms. Only positively biased (less conservative) accou...

Power generation companies play an important role in the Canadian economy, as most of economic activities manufacturing and service sectors are powered by electricity. The significance power industry shows that efficiency analysis is essential for efficiently managing distribution Canada. However, there have been few attempts to study relative efficiencies companies. This fills this gap assessi...

This paper examines the use of information technology in the electric and gas utilities of Ukraine, Armenia, and Georgia. Data was gathered through the performance of Year 2000 risk assessments, small business visits, document research, and academic visits between 1999 and 2001. Data was analyzed by comparing IT usage in Ukraine, Armenia, and Georgia to that in the United States. Overall IT usa...

New product innovation is a strategic business activity that requires significant financial resources and considerable managerial attention. Most new product launches fail because existing methods are unable to forecast their commercial successes accurately. This article describes a market-based method to address this gap. It capitalizes on the power of the “wisdom of crowds” by allowing people...

Article history: Received 17 October 2014 Received in revised form 20 December 2015 Accepted 20 December 2015 Available online 29 December 2015 This study examines the topological characteristics of interfirm collaboration networks (CNs) in the global electronics industry. Our results show that high-performing firms exhibit significant relational CN power, manage CNs that follow a power-law sha...

The management of technology is acquiring a distinctive character and increasingly being recognized as an activity that complements other managerial functions in providing the necessary inputs to the decision-making process. The factors harmful in the implementation of technology management are known as barriers. The objective of this paper is to develop the relationships among the identified T...

This article addresses the question: to what extent do health care strategies in a given political economy increase people's perceptions of responsibility to take charge of their health, but do not structurally empower them to satisfy their health needs. In shaping health care policies, societies typically adopt one of three broad strategies, linking their larger political economy and modes of ...

The necessity for smart electrical systems having minimum technical loss and environmental impact is providing impetus to go for Distributed Generations (DGs) which may offer several other advantages such as reduced transmission and distribution system resources, increased reliability, better power quality, etc. However, depending on the system configuration and management, these advantages may...