Managers engage in income smoothing either to communicate private information about future earnings to investors (informativeness hypothesis) or to distort financial performance for opportunistic purposes (opportunism hypothesis). Business cycles and the monitoring role of institutional ownership may affect the earnings informativeness of income smoothing. The purpose of this research is to exa...

Process performance management and continuous improvement initiatives can be significantly enhanced by real-time performance, quality and traceability information. For example, the focus of a Six Sigma quality programme is to reduce variability using statistical methods to highlight variance. Current process modelling languages such as XPDL and BPEL provide little or no support for the inclusio...

Original scientific paper In today’s world, complex global business environment is in a state of continuous change. Therefore, business organizations are looking for an innovative way to optimize and to support the performance of their business processes to meet out their market share in order to maintain a competitive edge. Usually, business processes are monitored in near real-time using Key ...

Monitoring the execution of business processes and activities composing them is an essential capability of Business Process Management (BPM) Suites. Human tasks are a particular type of business activities, and the understanding of their execution is essential in effectively managing both the processes and human resources. This paper proposes a monitoring framework with a capability to monitor ...

Business value can be lost if a decision maker’s action distance to the observation of a business event is too high. So far, two classes of information systems, which promise to assist decision makers, have been discussed independently from each other only: business intelligence systems that query historic business event data in order to prepare predictions of future process behavior and real-t...

Supply chains are complex systems with silos of information that are very difficult to integrate and analyze. The best way to effectively analyze these disparate systems is the use of Business Intelligence (BI). The ability to make and then to process the right decision at the right time in collaboration with the right partners is the definition of the successful use of BI. This chapter discuss...

Real-time access to business performance information is critical for corporations to run a competitive business and respond to a continuously changing business environment with everhigher levels of competition. The timely analysis and monitoring of business processes are essential to identify non-compliant situations and react immediately to those inconsistencies in order to respond quickly to ...