Global competition and decreasing profit margins force companies to reduce their operational costs. This puts pressure on all business units and operations, including financial management. One approach to increase operational efficiency is the automation of existing processes by eliminating unnecessary manual interventions. Alternatively, one can design and implement new, improved processes. Th...

This publication presents new classes of financial management systems. These systems will serve as examples of systems for the cognitive analysis of financial data with particular emphasis on analysing financial ratios. Semantic analysis will be an innovative component in financial management systems which will enhance the traditional solutions by adding elements of cognitive data interpretatio...

In general, conglomeration leads to a diversification of risks (the diversification benefit) and to a decrease in shareholder value (the conglomerate discount). Diversification benefits in financial conglomerates are typically derived without accounting for reduced shareholder value, even though a comprehensive analysis requires competitive conditions within the conglomerate, i.e., shareholders...

Once a fairly esoteric subject, risk analysis and measurement has become a critical function for both portfolio managers and traders. Yet, there are many practical challenges in accurately measuring and analyzing risk. These range from the construction of accurate and up-to-date risk models to subtle issues in the interpretation of the results of these models. This article provides a detailed o...

A dynamic software risk assessment model is presented. Analogies between dynamic financial analysis and software risk assessment models are established and based on these analogies it suggested that dynamic risk model for software projects is the way to move forward for the risk assessment of software project. It is shown how software risk assessment change during different phases of a software...

The presentation of corporate disclosure may be explained by impression management. Previous studies find the existence of impression management in the corporate information disclosure including the financial information disclosure and the non-financial information disclosure. This paper is going to make a complete literature review on these studies related to impression management.

A dynamic software risk assessment model is presented. Analogies between dynamic financial analysis and software risk assessment models are established and based on these analogies it suggested that dynamic risk model for software projects is the way to move forward for the risk assessment of software project. It is shown how software risk assessment change during different phases of a software...

Risk management that is one of the knowledge areas of software project management process, has a direct impact on the success of the Project. the success of the project can be estimated in the project first phase by creating a predictive risk model with the risks and results in similar projects. For this purpose, the studies on risk estimation and risk evaluation have started to show increase i...