This paper examines the correlation between the relative financial strength of public firms and their stock price performance. By using financial information obtained from the firms’ publicly available financial statement as inputs and outputs in Data Envelopment Analysis (CCR model), a relative financial strength of a firm is determined relative to other competing firms operating in the same m...

The goal of the CARMA project is to advise the Dutch government on the effectiveness and efficiency of measures aimed at reducing campylobacteriosis in the Dutch population. This report describes the framework of the CARMA project. Components forming the project are a chicken meat risk model, intervention measures in chicken meat production, autonomous developments, economic analysis, the socie...

National energy planning has become increasingly complex owing to a pressing need to incorporate sustainability considerations. In this context, we applied least-cost and cost-risk optimization models to allocate energy sources for sustainable development in the Korean electric power generation industry. The least-cost model determined an electricity generation mix from 2012 to 2030 that incurs...

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For contemporary software systems, security is considered to be a key quality factor and the analysis of IT security risk becomes an indispensable stage during software deployment. However, performing risk assessment according to methodologies and standards issued for the public sector or large institutions can be too costly and time consuming. Current business practice tends to circumvent risk...

Cigarette taxes are often the highest excise taxes in terms of their percentage share of the product price. The extent of the excess burden imposed by the tax will increase with the elasticity of demand, which is usually estimated to be between –0.4 and –1.0. Potential rationales for raising the cigarette tax other than as a revenue device include compensation for financial externalities to soc...

Risk management is becoming increasingly important for railway companies in order to safeguard their passengers and employees while improving safety and reducing maintenance costs. However, in many circumstances, the application of probabilistic risk analysis tools may not give satisfactory results because the risk data are incomplete or there is a high level of uncertainty involved in the risk...

Urbanization replaces the extant natural resource base (e.g., forests, wetlands) with an infrastructure that is capable of supporting humans. One ecological consequence of urbanization is higher concentrations of nitrogen (N) and phosphorous (P) in streams, lakes, and estuaries. When received in excess, N and P are considered pollutants. Continuing urbanization will change the relative distribu...

Cigarette taxes are often the highest excise taxes in terms of their percentage share of the product price. The extent of the excess burden imposed by the tax will increase with the elasticity of demand, which is usually estimated to be between –0.4 and –1.0. Potential rationales for raising the cigarette tax other than as a revenue device include compensation for financial externalities to soc...

in vietnam, municipal solid waste (msw) has being become increasing complex due to variety of reasons as the increasing quantity, changing composition of msw, rising public awareness and municipal administration policies among different cities and surrounding communities. there is not currently an efficient management system in place for facilities such as storage, collection, transfer, tran...