Criminal elements in today's technology-driven society are using every means available at their disposal to launder the proceeds from their illegal activities. While many-anti-money laundering solutions have been in place for some time within the financial community, they cannot adapt to the...

IT security outsourcing is the establishment of a contractual relationship between an organization with an outside vendor which assumes responsibility for the organisation’s security functions. Outsourcing in IS has had a variable history of success and the complexity of the decision making...

This paper presents a generic conceptual model of risk evaluation in order to manage the risk throughrelated constraints and variables under a multi-agent collaborative design environment. Initially, a hierarchyconstraint network is developed to mapping constraints and variables. Then, an...

Public agencies provide subsidies for small and medium sized businesses (SMEs) to foster their development in terms of employment and sales. Although input and output additionality have been researched intensively little is known about the actual long-term effects of subsidies on SME growth....

Theoretical and empirical work on innovation and firm survival has produced varied and often conflicting findings. In this paper, we draw on Schumpeterian models of competition and innovation and stochastic models of firm dynamics to demonstrate that the conflicting findings may be due to linear...

The Western Balkans integration within the EU has started a legal process which is the rejection of former communist legal/political approaches and the transformation of former communist institutions. Indeed, the EU agenda has brought vertical/horizontal integration and Europeanization of...

This paper studies the transaction-cost economizing effects of authoritarian management in organizations and systems subject to higher transaction costs originating from various sources. We analyze the nature, mechanisms and transaction-cost aspects of the authoritarian management style. We...

The purpose of this study is to investigate the impact of internal and external R&D on SMEs innovation performance. Micro level data was obtained from Enterprise Survey. For analysis, bivariate models have been used. The results show that internal and external R&D positively affects the product...

We conduct an event study to (1) analyze whether investors revise their expectations about a music album’s success when new chart information is published and (2) estimate how these revised expectations affect the value of a music label. We find that expectations about the success of an album...

Few will argue with the claim that shortages are socially harmful. Shortages, by definition, imply a lack of something – not enough stuff to go around. A shortage of food implies hunger; a shortage of electricity implies darkness. But are shortages harmful to everyone equally? And if they are...