This paper applies a value-based management framework to critically review empirical research in managerial accounting. This framework enables us to place the exceptionally diverse set of managerial accounting studies from the past several decades into an integrated structure. Our synthesis highlights the many consistent results in prior research, identifies remaining gaps and inconsistencies, ...

In the present paper we shall present a general framework to manage a part of the company’s knowledge that is the Operational Knowledge (OK). Moreover, we shall analyze the main differences between traditional Knowledge Management perspective and our Operational Knowledge Management approach. Afterwards, we present a case study on the Operational Knowledge Management (OKM), defined and develope...

Risk management is recognised as an essential contributor to business and project success, since it focuses on addressing uncertainties in a proactive manner in order to minimise threats, maximise opportunities, and optimise achievement of objectives. There is wide convergence and international consensus on the necessary elements for a risk management process, and this is supported by a growing...

This paper proposes a reference framework for strategic IT/IS management (SITISM) that structures the fields of action and decision-making of senior IT managers. Since there have been approaches to do so in the past, we integrate models described in literature. We then use extensive field work to construct and evaluate our framework. We argue that structuring SITISM leads to comparability. Ther...

T issue marks the start of the 50th volume of Management Science. As is customary on such “round number” occasions, we will be taking time for a bit of retrospective review and soul-searching speculation. We begin here with an overall assessment of the journal’s performance relative to its original mission. In subsequent articles, which will appear in issues throughout Volume 50, we will take m...

Many factors affect retail outlet profitability, including market potential, distribution and product costs, market pricing levels, cost (and availability) of land or space and the relationship between share of outlets and share of markets. A model is presented which was used to plan building decisions for outlets for a consumer product across time and across market arez The model has been in u...

A great number of strategy tools are being taught in strategic management modules. These tools are available to managers for use in facilitating strategic decision making and enhancing the strategy development process in their organisations. A number of studies have been published examining which are the most popular tools; however there is little empirical evidence on how their utilisation inf...

In this article we highlight the application of Operations Research (OR) at BASF in the area of supply chain management (SCM) through the use of selected examples with annual cost savings ranging between several hundred thousand and several million e. We address special characteristics of the process industry that have to be dealt with and identify future research needs. The examples cover stra...

In recent decades social scientists have expanded their understanding of risk in the field to extend from concern with participants to awareness of how researchers themselves may be exposed to a variety of physical, emotional, ethical and professional ‘dangers’. A variety of accounts have exposed the kinds of risks concerned with fieldwork, many of which are difficult to anticipate. However, th...

Alberto Caprara DEIS, Università di Bologna, Viale Risorgimento 2, I-40136 Bologna, Italy, [email protected] Adam N. Letchford Department of Management Science, Lancaster University, Lancaster LA1 4YX, Great Britain, [email protected] Juan-José Salazar-González DEIOC, Universidad de La Laguna, c/ Astrof́ısico Francisco Sánchez, s/n E-38271 La Laguna, Tenerife, Spain, jjsalaza@...