How is it possible to derive the superior IT investment portfolio? One main identified research objective in IT portfolio management (ITPM) is to manage a set of IT assets, similar to manage a financial portfolio to attain the superior return and risk. Among various IT assets, the investment in IT project is particularly critical. In finance, the concept of portfolio selectivity generally refer...

In this study we investigate the function of risk management in financial institutions‟ investment decisions in asset-backed securities (ABS) prior to the 2008 financial crisis, and the interaction of this function with financial regulations. We employ U.S. insurance companies as a laboratory, which provides detailed security-level information on ABS investment. We find that strong risk managem...

We augment a q-theory model with intangible assets where investments in intangible assets incur adjustment costs and the accumulation of intangible assets leads to investmentspecific technological change. The key parameters of the model are estimated using crosssectional return data and the Generalized Method of Moments (GMM). Our results show that the intangible-assets-augmented q-theory model...

Knowledge sharing is critical to the success and survival of companies in knowledge intensive industries. It is essential to effectively measure knowledge creation and sharing to facilitate good investment decision making in knowledge management initiatives. Investments in people and tools are the primary assets used in the creation of knowledge. An organization needs to understand what knowled...

It is evident to all those involved in urban water management that three important units need to be considered to assess the performance of an urban drainage system: the sewer, the treatment plant and the receiving water. The sewage transport and treatment system have to be designed and operated with respect to the objectives of the investments made: prevent flooding, ensure hygienic quality in...

Knowledge Management is widely used for developing strategic alliances in an organization. This leads to effective use of resources and infrastructure so that the organization can reap more benefits from the investments with respect to both people and technology. Further this helps to maintain the overall quality of the organization. In order to build a robust and thriving knowledge environment...

We investigate a firm’s joint decision to hold cash and to hedge in the presence of financial constraints. The predictions are tested using a sample of manufacturing firms. We confirm the existing evidence of a positive sensitivity of cash holdings to cash flow for financially constrained firms. More importantly, we find a positive sensitivity of hedging to cash flow for constrained firms and, ...

In this study, we examined the stressors experienced by British tennis-parents. The parents (n = 123) completed an extensive survey focused on the internal and external demands that they had encountered through having a child compete in the sport. The survey consisted of open-ended questions related to competition, coaching, organizational, personal, and developmental issues. Inductive and dedu...

A general overview of the current situation will help to define plans for the future in order to obtain maximum profit of the resources we have and to better plan future investments. The main computing issues for 1998 are presented and their effects evaluated: Migration of QuickMail towards the CERN central mail server, in parallel with a migration of MAC to PC when needed; -rationalization of ...

With increased market integration, the current world financial markets have become more closely correlated and interdependent over time. Understanding the information linkages and correlations between markets are important for policy makers and fund managers in their financial decisions in relation to investment and risk management. The existence of low correlation among returns from different ...