Turbulent industrial environments increase the demand for effective knowledge management, and IT can contribute to meeting this demand. This paper investigates the relationship of turbulent industrial environments to IT valuation and organizational performance. Results suggest that the highest reported organizational performers in these turbulent environmental contexts are those that adhere to ...

The present paper reviews activity in environmental valuation by examining trends in publication rates over the past three decades. It also provides an overview of the demand for environmental valuation by academic markets and by policy markets. The results of this historical analysis suggest that there is not as much use of environmental valuation in policy analysis as could be expected given ...

Because it is necessary for assessors to prepare value estimates for huge numbers of properties, all at a specific point in time each year, a process called computer assisted mass appraisal (CAMA), which uses Automated Valuation Models (AVMs), has evolved during the past 35 years to handle the logistic challenge presented by the task. Several CAMA methodologies using different AVMs exist for de...

This study examines the impact of working capital management on firms’ performance and market value of the firms in Nigeria. A sample of fifty four non-financial quoted firms in Nigeria listed on the Nigeria Stock Exchange was used for this study. Data were collected from annual reports of the sampled firms for the period 1995-2009. This result shows there is a significant negative relationship...

Proof of Lemma 1. Consider a low-performance bidder with unit valuation v who bids b and a high-performance bidder with unit valuation wv who bids wb. Both bidders get a score wb, and their payoff functions are U (y L , v, b) = y L (v − b)Pr(wb is the highest score) (W1) and U (y H , wv, wb) = y H (wv − wb)Pr(wb is the highest score). (W2) It is easy to establish that U (y H , wv, wb) = wy H y ...

Embedding is the widely-observed phenomenon that a good is assigned a higher value if evaluated on its own rather than as part of a more inclusive set. Embedding is considered a serious problem affecting the quality of many environmental management and health risk policy judgments. This paper presents the results of an experiment involving of a structured, small-group approach for conducting en...

Option valuation has been a challenging issue of financial engineering and optimization for a long time. The increasing complexity of market conditions requires utilization of advanced models that, commonly, do not lead to closed-form solutions. Development of novel numerical procedures, which prove to be efficient within various option valuation problems, is therefore worthwhile. Notwithstan...