Utilisation of Supply Chain Management (SCM) practice by businesses has a number of consequences for internal management information systems, many of which have been dealt with in the literature. Accountants and managers need to manage their supply chain carefully by working closely with the counterparts of their business entity’s suppliers in numerous areas including cost accounting, cost and ...

experiences from urban development plans and assessments of their concrete and tangible results in the past decades indicate lack of adequate success of our urbanization system to responding needs of our citizens. this has resulted in need to find a fundamental solution to transforming the centralized system into decentralized. recent changes in regard to a change of approach from master plan t...

This article analyzes the impacts that three alternative damage apportionment rules have on an owner’s financial-reporting decision, an auditor’s audit-quality choice, and investors’ pricing decisions within the context of a perfectly competitive securities market and owner solvency constraints. The strategic interactions between the players’ strategies are analyzed within a setting where payof...

Biotechnology industry is well-known as a knowledge intensive industry and required relatively large financial support. As the demanding nature from both finance and knowledge/technology resources, biotech companies tend to strategically collaborate with others for product development and marketing. Therefore, a growing need of strategic alliance was observed in biopharmaceutical industry of Ta...

A taxonomy of performance measurement systems (PMS) is developed based on three dimensions, namely the design (mix of financial, customer, internal processes, innovation and learning measures), the use (monitoring, strategic decision making, attention focusing, legitimization), and the updating process. Three groups of PMS emerge: (i) outcomes surveillance mechanism, (ii) management support too...

New management techniques such as ‘just-in-time’, ‘lean manufacturing’ and ‘Six Sigma’ allow management accountants to shift their focus from the management and control of production processes to the management of strategic issues. This paradigm shift resulted from shorter product life cycles, due to technological advances and a more competitive business environment. Recent revisions to the Int...

The construction of railway infrastructure should be dealt with as a national strategic development programme, which — due to technical, geographical, logistical, and other requirements — is carried out through a number of projects and represents a complex multiple project operation for investors, contractors, and other influential players. The national strategic development programme for the c...

This paper concerns the design of decision support systems (DSSs) which help financial managers in evaluating proposals for strategic and long-range planning. With the proposed two-phased DSS, projects are first selected from a given pool according to greedy heuristics based on the project’s preferences as well as the project’s efficiency. Then, integer programming with an approximation algorit...

Dynamic innovation processes are combined for complex technological advances bring about decision-making under uncertainty. This paper reflects the case of strategic decision-making on a technology development project using real options reasoning. Like investment options in financial markets real options introduce explicit risk measures for possible alternatives. Managerial decisions on innovat...