Increasingly, new regulations are governing organizations and their information systems. Individuals responsible for ensuring legal compliance and accountability currently lack sufficient guidance and support to manage their legal obligations within relevant information systems. While software controls provide assurances that business processes adhere to specific requirements, such as those der...

External financing is important when inventors and small technology-based firms commercialize their inventions. However, the private information of inventors about the quality of their products causes information asymmetries and moral hazard problems. To help compensate for potentially non-existing capital markets, the Swedish Government has intervened by offering loans with different terms to ...

In the Citibank-Patent-Case, the underlying issue is whether E-bank related business methods are subject matter of patent under Chinese law. At first flash, there are at least two barriers to patent protection for Citibank to cover. The first, E-bank related business methods only function with the help of computer software, so the coming issue is whether computer software is patent subject matt...

Regulatory constraints on bank leverage have been at the center of many policy discussions recently. One important question to emerge from these discussions has been whether these regulations should be time-dependent and how they would interact with the business cycle. We analyze this question using a dynamic stochastic general equilibrium model with banks and bank capital. In the model, bank c...

Business process compliance has become more and more important function for business process management (BPM). One of challenges in this area is to check the business process compliance in the business process life-cycle (design-time, run-time). In this paper, we propose a description logic-based approach for business process compliance checking during two phases of the business process life-cy...

When trying to use software agents (SAs) for real-world business and thereby putting them in a situation to operate under real-world laws, the abstractness of human regulations often poses severe problems. Thus, human regulations are written in a very abstract way, making them open to a wide range of interpretations and applicable for several scenarios as well as stable over a longer period of ...

from long time ago the shortage of finance in business practices was one of the striking problems for traders and thus there have always been endeavors to find a solution to it. one of the ways put forward was using the stocks stored in warehouses as security for loans. taking advantage of a descriptive method, this paper describes field-warehousing as a means of raising cash funds and the regu...

The compliance of businesses is a highly relevant topic for companies of all sectors. Compliance comprises all necessities for obeying legal regulations as well as mandatory norms, and violations can entail painful penalties. Since nearly all companies base their daily business on the execution of business processes (consciously or unconsciously), these business processes also have to be compli...

Information system models commonly describe organizations in terms of the structure of the data they use, the organization of the processes they perform and the operations that will be executed. Yet to date, the models tend to neglect the rules and constraints under which the business operates. Frequently these are not represented or even documented, but hard-coded or hidden into implementation...