a r t i c l e i n f o Previous research has investigated various factors that influence joint venture (JV) termination. Yet the majority of studies do not distinguish between different types of JVs, particularly whether a JV is related or unrelated to the parent firm. Due to their inherent differences, related and unrelated JVs are likely to evolve distinctly, and their tendency to terminate ma...

We introduce contingency fees into the Reinganum and Wilde (1986) signaling model of litigation. The effect of contingency fees on settlement depends upon the details of the contingency fee contract and the nature of the informational asymmetry assumed in the model. Introducing bifurcated fee contracts where the contingency percentage is higher at trial changes the selection of disputes at tria...

In the present business atmosphere, an organization should be able to respond to environmental needs occasioned by rapid and dynamic evolution as quickly as possible. It is obvious that such ability is impossible without a proper strategic approach, strategic thinking, and a suitable management accounting system. This study attempts to investigate the relationships between strategy, management ...

SUMMARY The Bayesian approach to comparing models involves calculating the posterior probability of each plausible model. For high-dimensional contingency tables, the set of plausible models is very large. We focus attention on reversible jump Markov chain Monte Carlo (Green, 1995) and develop strategies for calculating posterior probabilities of hierarchical, graphical or decomposable log-line...

This paper presents novel corrective control actions to alleviate overloads in transmission lines by the Particle Swarm Optimization (PSO) method. Generator rescheduling and/or load shedding is performed locally, to restore the system from abnormal to normal operating state. The appropriate identification of generators and load buses to perform the corrective control action is an important task...

An approach to log-linear modelling for a large contingency table is proposed in this paper. A main idea in this approach is that we group the random variables that are involved in the data into several subsets of variables with corresponding marginal contingency tables, build graphical log-linear models for the marginal tables, and then combine the marginal models using graphs of prime separat...

Organisations that engage in research activities with industry and academic partners face many challenges in the effective management of such collaborative projects. These projects have different facets which even change over time. Examples are explorative and creative phases in which innovative research ideas and results are investigated, followed by concrete development tasks that aim at vali...

Purpose – Strategic alignment is a theory-based state that is considered as crucial for organizations in order to realize performance gains from information technology (IT) investments and deployments. Within the domain of purchasing and supply chain management there has been a growing interest on how purchasing strategy can be effectively aligned with IT and what conditions facilitate this sta...