Advances in Management Accounting (AIMA) is a professional journal whose purpose is to meet the information needs of both practitioners and academicians. We plan to publish thoughtful, well-developed articles on a variety of current topics in management accounting, broadly defined. Advances in Management Accounting is to be an annual publication of quality applied research in management accoun…
The Current Issues series has slightly unusual origins. Current Issues in International Trade, which Macmillan published in 1987 and which turned out to be the pilot for the series, was in fact 'conceived' in the Horton Hospital, Banbury, and 'delivered' (in the sense of completed) in the Hilton International in Nicosia! The reader may be struck by the thought that a more worthwhile and enjoyab…
Stochastic Methods in Economics and Finance introduces the reader to certain mathematical techniques by presenting both their theoretical elements and their applications. Topics such as martingale methods, stochastic processes, optimal stopping, the modeling of uncertainty using a Wiener process, Ito's lemma as a tool of stochastic calculus, basic facts about stochastic differential equations…
The most imperative challenge facing a number of managers in recent years has been to regain lost market share and secure new competitive advantages. The impetus for this trend continues to be the ubiquitous tendency toward globalization and the ensuing intensification of international competition. Customer orientation, lean management and re-engineering are the buzzwords that characterize …
An examination of the historical background to the use of procurement systems shows that in the post-war period up to the early 1970s, despite all relevant official reports and studies recommending otherwise, the majority of building work was carried out by conventional methods of procurement with only a relatively small number of projects being implemented by means of, what were then, non…
When speaking about eBusiness as applied to the healthcare market, two questions arise immediately. First, what is eBusiness? Second, why is eBusiness in healthcare different from eBusiness in other industries? In this chapter, we shall give an overview of the foundations of eBusiness, explain the importance of eBusiness within the healthcare domain, and describe the peculiarities of the h…
This book is about defence procurement and industry policy in small, advanced industrial economies. It is largely an exercise in applied economics but the contributions of legal and management scholars and defence procurement and industry policy practitioners will also be apparent throughout. The book inevitably draws on themes and analysis treated in the defence economics literature and r…
The concept and understanding of brain death have evolved significantly over the past few decades. This entity has become more recognized as our ability to provide prolonged cardiovascular support to brain injured patients became more sophisticated. In parallel with these developments, organ transplantation became a reality with wider applications resulting in significant increase in demand…
This book is written for the procurement and supply chain management professional needing reference to the working methods available today for use on the job. It also has in mind the newly appointed executive or the staff member with only a cursory knowledge of the workings of procurement and supply management. It provides, we trust, a complete compendium of the information that is require…
The seven essays in this volume address different issues related to green and innovation procurement as well as more general challenges in public procurement. These studies address both general, abstract problems of optimal public procurement and concrete cases of national or even local public procurement systems. The evidence that they present covers a broad spectrum of countries including…
Whether you believe it is the second industrial revolution or merely an over-hyped offering from the software industry,e-procurement is upon us.Something that has been around in various forms for more than ten years in a small way, has now accelerated to the point where 92% of the Fortune 500 companies say they are using it,or intend to use it.The statistics showing takeup and growth point …
Success is at the heart of any business. This puts sustainable, profitable Growth in corporate priority list on the top places, because the entrepreneurial Success will ultimately be secured in the long term. This is a challenging Goal to which all functions in the company have to contribute - even and in particular, the procurement function. Strategically wise internally and externally de…
Before examining the procurement process in detail, the latest philosophies adopted by major clients to implement their projects need to be considered because they are likely to affect substantially, at least in the immediate future, the project culture and the way in which clients manage their construction projects. Traditional methods of implementing projects have been replaced over the pa…
A multitude of forces shape management accounting. From an organizational perspective, decision-makers and other users of accounting information often perceive changes in their information needs. Consequently, providers of accounting information within organiza- tions respond to many of these desired changes by redesigning management accounting systems and restructuring their output. The impetu…
1. Political economy or economics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of wellbeing. Thus it is on the one side a study of wealth; and on the other, and more important side, a part of the study of man. For man's character has b…
The first successful human organ transplant in the United States was performed on December 23, 1954. On that date, a kidney was transplanted from a living donor who was an identical twin of the recipient. Since then, organ transplantation technology has improved enormously, with the principal source of that improvement being the discovery of new immunosuppressive drugs and the increased kn…
This book consists of four parts which describe different aspects of the K-Method. The first part, “Introduction”, describes the K-Method using an example. This part tries to give the reader a feeling of how the K-Method and especially its price formulas work and what kind of advantages are to be expected. This part also describes the problems which could arise when a supplier begins to…
This report is written for the Client's Principal Technical Adviser on a construction project, since this professional is responsible for both directing the project and investigating its effects on the neighbourhood. The Principal Technical Adviser is urged to understand the value of an adequate and timely investigation of the site and the underlying ground, in order to judge whether or no…
During no other time in the history of the construction industry, has the subject of procurement dominated the debate on possible reforms. Regardless of country, from the United Kingdom, to Malaysia, Australia and America, the industry has been bombarded by material on how to improve the construction process. Procurement has often been the dominant issue, with the plethora of “new” proc…
The metaphor of dwarfs standing on the shoulders of giants expresses the meaning of discovering truth by building on previous discoveries. Although it is originally attributed to Bernard of Chartres in the twelfth century, Isaac Newton popularized the concept in 1676. The concept is as relevant for us today as it was for Newton in the seventeenth century. Since the early 1980s, pioneering…
This book is about an anomaly in political scientists’ understanding of congressional policy making. Distributive politics theory, which has been called the dominant theoretical approach to congressional politics (Krehbiel 1991), purports to account for the geographic distribution of the benefits of any policy that is paid for from general tax revenues and can be subdivided easily and al…