The term digital refers to digits or numbers; however, in the computer science lexicon, this term refers to the representation of the information in 0s and 1s, which can be read, written and stored using machines. The prefix “e” refers to electronic, meaning the use of electricity in powering machines such as computers. Digital accounting, or e-ac- counting, as a corresponding analog, refer…
National and global macro econometric modelling has had a long and venerable history in the UK, with important implications for macroeconomic policy in general and monetary policy in particular. It is an activity that involves sustained research input of several investigators with a variety of skills. The present work is not an exception and its completion has required the enthusiasm and commit…
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…
Growth performance in developing economies has recently been quite impressive. In parallel, fiscal health has improved. These factors are driving public and private spending capacity in these economies. This chapter attempts at estimating and projecting (1) public procurement outlays devoted to machinery and equipment in these economies; and (2) importations arising from these outlays. Res…
The Air Force is in the process of significantly changing the way it purchases goods and services, with the goals of reducing costs and increasing performance to better support its missions. During spring 2002, SAF/AQC developed a Procurement Transformation Strategy that outlines a roadmap for changing the Air Force’s procurement policies, processes, personnel, and related technologies t…
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 …
In this paper I advocate and illustrate a new approach to the study of accounting measurement and disclosure that is strikingly different from the usual studies of disclosure in pure exchange economies. This new approach studies the “real effects” of accounting disclosure, arguing that how accountants measure and report firms’ economic transactions, earnings and cash flows to capital ma…
This book provides a detailed treatment of micro econometric analysis, the analysis of individual-level data on the economic behavior of individuals or firms. This type of analysis usually entails applying regression methods to cross-section and panel data. The book aims at providing the practitioner with a comprehensive coverage of statistical methods and their application in modern applied m…
The essays in this book have been collected and are presented here in the belief that ethical issues in accounting merit much more profound exploration and analysis than they have received so far in the United Kingdom.
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…
This chapter examines whether differences in the efficiency of the use of indirect energy of Dutch arable farms are attributable to differences in management. To do so, Data Envelopment Analysis (DEA) was used to assess farm-specific efficiency scores for fertilisers — the input most important for energy conservation in crop farming. Next, using the concept of strategic management, the qualit…
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…
Procurement has long been, and remains, one of the most complex business processes. It can be approached in many different ways. Characterised by its novel cross-disciplinary project management approach, this new book covers more than the conventional themes of project solicitation and proposal evaluation. It builds on Procurement Systems: A Guide to Best Practice in Construction edited by…