Now showing items 1-20 of 1151

    • Contracting in private equity-backed buyouts

      Wynant, Luc; Manigart, Sophie (2023)
      Private equity (PE)-backed buyouts are transactions in which a business or business units are acquired from its current shareholders by a PE investor together with the management team (Gilligan and Wright 2014; Renneboog and Vansteenkiste 2017), and in which the PE investor typically becomes the majority shareholder. PE investors are professional investors who invest in private companies with the aim to create value in the medium term, through enhancing governance, providing strategic advice and access to networks (Manigart et al. 2022). As they rely on the management team to execute the value creation process, agency problems may arise between PE investors as principals and the management as agents (Jensen 1989). To mitigate potential agency problems, elaborate contracts are negotiated between PE investors and management, but also between the buyers and the sellers....
    • Corporate Finance

      Deloof, Marc; Manigart, Sophie; Ooghe, Hubert; Van Hulle, Cynthia (2023)
      This textbook discusses the sources of funding and capital structure of corporations (excluding financial institutions). After an introduction on the objectives and functions of corporate finance, the following topics are covered: investment analysis and minimum investment return requirement, capital structure and dividend policy, long- and medium-term financing, working capital valuation, international financial policy, and other specific financial topics. - The authors link theoretical insight to practical cases. - Written for financial professionals and (post)university students.
    • Faultlines: Understanding how board composition may influence team dynamics and subgroup formation in corporate boards

      Mendiratta, Esha (2023)
      Challenging existing research and concepts, this Research Handbook presents cutting-edge new research on diversity and corporate governance. Going beyond the surface of diversity, global expert contributors present a diverse range of chapters offering a wide range of perspectives on the use of theories and methodologies.
    • Guide to listing in Belgium

      Van den Cruijce, Johan; Santens, Hilde; Janssens de Bisthoven, Nicolas; Šadic Herzberger, Emina (2020)
      The purpose of this Guide is to outline specific issues and (continuing) obligations a listed company may be confronted with in Belgium. The point of reference for this Guide is the position of a Belgian issuer that is listed on Euronext Brussels. A listing on Euronext Brussels is subject to more conditions and ongoing obligations than an admission to trading on any other market in Belgium. An understanding of the organisation and functioning of Euronext Brussels will thus – if and when relevant – help in understanding the regulatory framework of other trading venues in Belgium. The Guide deals with corporate governance and pays attention to the obligations and status of directors and executive managers, to select finance and tax topics and to opportunities for employee participation. The Guide also covers the reasons and procedures for a possible de-listing. This is an issue that may become relevant to any listed company and experience has shown that institutional investors and corporate governance rating agencies are keen to gain an understanding of the rights and obligations of the various players in this context. This expanded 2020 edition includes matters of secretarial practice, compliance and valuation. Updates in the book take into account the provisions of the Code on Companies and Associations and the 2020 version of the Belgian Code on Corporate Governance. This Guide is conceived as a quick-reference document. All chapters can be consulted separately and the notes allow the reader to find additional information on the topics and issues discussed. The contents of this book reflect only the authors’ opinions, which are not necessarily shared by Atlas Services Belgium or the group to which it belongs.
    • The good governance guide to risk

      Ashby, Simon (2021)
      Risk is something that affects all organisations and if not handled correctly, it can be catastrophic. Our Good Governance Guide to Risk offers complete coverage of this dense, wide-ranging topic and will make sure that you are managing and controlling risk effectively. Starting with risk identification, evaluation and reporting, it will guide you through all the steps necessary for robust risk management, ensuring your processes are as rigorous and thorough as possible. The book takes a global perspective on risk and emphasises exactly why managing it properly is essential to organisational success. With a variety of risk management frameworks and approaches, the guidance can be directly applied to all organisation types. What’s more, the book looks forward to the future of risk management, addressing topics such as climate change, financial crime and shareholder activism, helping you stay one-step ahead.
    • Negotiation and dispute resolution for lawyers

      Jordaan, Barney (2022)
      Expertly combining negotiation theory and practice, Negotiation and Dispute Resolution for Lawyers demonstrates how lawyers can deliver enhanced levels of service to their clients. Comprehensive and engaging, the book is a lawyer’s guide to resolving conflict, negotiating deals, preserving important client relationships, and ultimately becoming truly effective problem solvers. Key Features: • Accessible explanation of key concepts relating to negotiation, as well as less familiar ideas such as planned early dispute resolution and guided mediation • Introduction to the strategies, tactics, and core skills required for effective negotiation and conflict resolution, including how to overcome cultural and technological barriers • Learning and unlearning processes facilitated by relevant examples, figures, and practical tools such as checklists With its broad scope and emphasis on practical application, this richly detailed book is an essential resource for lawyers in private practice and in-house corporate counsel. Lawyers in training will benefit from its nuanced approach to negotiation within a legal context, helping to broaden their repertoire of advisory, advocacy, counselling, and process design skills.
    • Management accounting

      Jorissen, Ann; Roodhooft, Filip (2021)
      Management accounting bespreekt het gebruik van kosten- en opbrengstinformatie in een beslissingscontext en geeft een helder antwoord op belangrijke vragen. Met welke instrumenten en welke informatie kan de manager beslissen over acties voor zijn organisatie? Hoe kunt u uw capaciteit optimaal benutten, producten afstoten of promoten, budgetten opmaken en een managementcontrolesysteem opzetten? Wat zijn de verschillende deelelementen van een managementcontrolesysteem? Hoe volgt u het budget op via variantieanalyse? De auteurs besteden aandacht aan concepten als activity based budgeting, beyond budgeting en benchmarking. Bovendien is het boek zeer geschikt voor zelfstudie: heldere samenvattingen aan het einde van elk deel; praktijkgerichte situatieschetsen; talrijke oefeningen.
    • Cost Accounting

      Jorissen, Ann; Roodhooft, Filip; Van Liedekerke, Christine; Walraevens, Guy (2021)
      Cost accounting vormt een geheel met Management accounting en geeft de lezer inkijk in het brede domein van management accounting. In Cost accounting leert u hoe u: kosteninformatie verzamelt; die informatie zinvol toewijst aan mogelijke kostobjecten; de winstgevendheid van producten, diensten, klanten, markten en distributiekanalen evalueert. Het boek gaat dieper in op onder andere kostenbegrippen, kostprijscomponenten, break-evenanalyse, process costing, activity based costing, standaardkostencalculatie en variabele kostprijsberekening. Breid uw kennis op een praktische manier uit door: links met analytisch boekhouden (waar aangewezen); opgeloste oefeningen voor zelfstudie na elk hoofdstuk; naar moeilijkheidsgraad gerangschikte oefeningenreeks per hoofdstuk.
    • Fundamentals of operational risk management - Understanding and implementing effective tools, policies and frameworks

      Ashby, Simon (2022)
      Threats to an organization's operations, such as fraud, IT disruption or poorly designed products, could result in serious losses. Understand the key components of effective operational risk management with this essential book for risk professionals and students. Fundamentals of Operational Risk Management outlines how to implement a sound operational risk management framework which is embedded in day-to-day business activities. It covers the main operational risk tools including categorisation, risk and control self-assessment and scenario analysis, and explores the importance of risk appetite and tolerance. With case studies of major operational risk events to illustrate each concept, this book demonstrates the value of ORM and how it fits with other types of risk management. There is also guidance on the regulatory treatment of operational risk and the importance of risk culture in any organization. Master the essentials and improve the practice of operational risk management with this comprehensive guide.
    • Test for ORCID

      obeidat, huthaifa; Hill, Tom
      This is a test item.
    • Nieuwe technologieën en het auditberoep - La profession d'audit et les nouvelles technologies

      Abadjadi, L.; de Bonhome, O.; Kordel, L.; Jans, M.; Laghmouch, M.; Trumpener, J.; Kroes, D.; Stouthuysen, Kristof (2021)
      Onderhavig boek behandelt de nieuwe technologieën en het auditberoep. Het eerste hoofdstuk betreft de cyberveiligheid en tracht de bedrijfsrevisor elementen aan te reiken om cyberbeveiliging te demystificeren en hem aan te moedigen cyberbeveiliging in een mondiale context te benaderen. In het tweede hoofdstuk wordt dieper ingegaan op artificiële intelligentie, waarbij het de ultieme doelstelling is om systemen te laten denken als mensen. Deze nieuwe technologie zal een belangrijke impact hebben op de toekomstige beroepsinhoud van een auditor. Het derde hoofdstuk behandelt process mining, een verzamelnaam voor alle datagedreven procesanalysetechnieken. Er wordt ingegaan hoe de verschillende process mining-analyses auditors kunnen ondersteunen. Blockchain-technologie en de impact ervan op de audit komt aan bod in het vierde hoofdstuk. Het gaat om een samenspel van bestaande methoden en technieken die toelaten op een unieke manier digitale activa te registreren, te beheren en te verhandelen, zonder tussenkomst van een vertrouwde tussenpersoon. Het vijfde hoofdstuk beschrijft de cloud en het informatiebeveiligingsbeheersysteem. Het boek eindigt met de vraag of een auditkantoor belang zou hebben bij de overstap naar de cloud. Le présent ouvrage traite de la profession d’audit et les nouvelles technologies. Le premier chapitre concerne la cybersécurité et tentera d’apporter au réviseur d’entreprises des éléments afin de démystifier la cybersécurité et de l’encourager à aborder la cybersécurité dans un contexte global. Dans le deuxième chapitre l’intelligence artificielle est abordée, dont le but ultime est de faire en sorte que les systèmes pensent comme les humains. Cette nouvelle technologie aura un impact important sur le futur de la profession d’auditeur. Le troisième chapitre traite de process mining, un nom général pour toutes les techniques d’analyse de processus axées sur les données. On aborde la manière dont les différentes analyses de process mining peuvent soutenir les auditeurs. Le quatrième chapitre traite de la technologie blockchain et son impact sur l’audit. Il s’agit d’une combinaison de méthodes et de techniques existantes qui permettent d’enregistrer, de gérer et d’échanger des actifs numériques de manière unique, sans l’intervention d’un intermédiaire de confiance. Le cinquième chapitre décrit le cloud et le système de management de la sécurité de l’information. L’ouvrage se termine avec la question de savoir si un cabinet d’audit aurait un intérêt à passer sur le cloud.
    • Structural sampling: A technique for exposing social structure

      Shah, Sonali; Gorbatai, Andreea (2015)
      Qualitative research has been heralded for contributing novel insights and theoretical perspectives to the management and organization literature (Eisenhardt, 1989; Pratt, 2009; Van Maanen, 1979, 1998; Whetten, 1989). The processes used by qualitative researchers to achieve these outcomes are often invisible to the reader, yet a set of principled, systematic approaches underlies the practices followed by qualitative researchers. In this chapter we illuminate a sampling technique that has been employed in recent works but has yet to be delineated as a methodology: structural sampling.
    • Brand religions: Shed a new light on today's marketing beliefs

      Pallini, K.; Schillewaert, Niels; Goedertier, Frank (2020)
      Since the early days of business, marketing gurus have preached their beliefs on how to build strong brands. These theories and models have been translated into numerous books to provide a clear framework for marketers on what to aim for and how to grow their brand. But in this abundance of models and theories, marketers might find themselves lost in translation.
    • Training for the energy transition: Community learning at Florence School of Regulation

      Meeus, Leonardo; Glachant, Jean-Michel (2020)
      This chapter presents the value-add and next steps for European network codes and guidelines.
    • The future of EU electricity network codes

      Meeus, Leonardo; Nouicer, Athir; Reif, Valerie; Schittekatte, Tim (2020)
      This comprehensive book on the European energy transition has been written by more than 40 European leading energy- and climate experts. It reflects on the latest policy developments, as such as the Clean Energy for All Europeans Package, the Green Deal and the Climate Law.
    • Digital lean operations: Smart automation and artificial intelligence in financial services

      Boute, Robert; Gijsbrechts, Joren; Van Mieghem, Jan A. (2020)
      The financial services industry covers banks, insurance companies and investment managers, as well as transaction or message processing companies. To streamline billions of daily transactions, lean principles and operational excellence programs have found theirway to financial service firms. Today, the resulting cost and risk reductions are further enhanced by embracing newdigital technologies—such as those falling under the umbrella of Industry 4.0. These digital technologies stimulate a new wave of operational efficiency improvements by making processes more automated, autonomous, and smart. Inspired by Boute and Van Mieghem (2021), we provide a framework to evaluate the transition towards digital, autonomous and smart operations in financial services. We report our findings from the digital operations journey of Euroclear, a service provider of settlements for securities transactions, on their quest for increased automation and autonomy. We also shed light on the potential of artificial intelligence in financial services. Data-driven solutions may support financial service firms from purely descriptive models and methods with strong predictive power, towards prescriptive decision-making algorithms.
    • CSR strategies for (re)gaining legitimacy

      Weber, Florian; Fehre, Kerstin (2020)
      In times when numerous scandals have challenged companies’ social legitimacy, CSR might serve as a legitimacy booster. But which is the most effective CSR strategy for improving legitimacy? This study examines how corporate social responsibility activity (CSRA) and corporate social responsibility communication (CSRC) impact legitimacy. The empirical results indicate that neither CSRA nor CSRC has a standalone effect; nonetheless, CSR is important for legitimacy: A CSR strategy that combines high levels of CSRA with low levels of CSRC emerges as the most effective for (re)gaining legitimacy, while an opposite strategy that combines low levels of CSRA with high levels of CSRC emerges as the worst.
    • De verblinde samenleving - Hebben we echt een catastrofe nodig om vooruitgang te boeken?

      Buelens, Marc (2020)
      Hoe we als maatschappij fundamentele vooruitgang kunnen boeken? Hoe leert een samenleving? En vooral: waarom leren we zo vaak ook de verkeerde dingen? Het zijn vragen die verrassend weinig worden gesteld. Het lijkt wel alsof we altijd eerst een catastrofe nodig hebben voordat we vooruitgang kunnen boeken. In dit boek brengt organisatie-expert Marc Buelens een messcherpe analyse van hoe samenlevingen zichzelf al te vaak in de voet schieten. Hij legt uit hoe de drie trekpaarden van onze maatschappij - wetenschap, economie en politiek - altijd maar lijken door te draven... en hoe ze onze 'luwe' systemen, zoals cultuur, zingeving en solidariteit, op die manier compleet dreigen te vertrappelen. In plaats van de politieke besluitvorming te stroomlijnen, gezondheidscrisissen te managen of de immense uitdagingen inzake ongelijkheid, klimaat en milieu aan te pakken, blijven we in rondjes draaien. Wat kunnen we dan leren opdat het coronadebacle geen generale repetitie voor de klimaatcrisis wordt? Kunnen we onszelf uit het moeras trekken of blijven we blind voor onze catastrofale leerprocessen?
    • The evolution of electricity markets in Europe

      Meeus, Leonardo (2020)
      Bridging theory and practice, this book offers insights into how Europe has experienced the evolution of modern electricity markets from the end of the 1990s to the present day. It explores defining moments in the process, including the four waves of European legislative packages, landmark court cases, and the impact of climate strikes and marches. Leonardo Meeus explains the sequence of electricity markets in Europe from wholesale to balancing markets, forward transmission markets, capacity mechanisms, redispatching and flexibility markets. Chapters explore current issues including the new paradigm that places the citizen at the centre of the energy transition. Concluding that most of the market integration process in Europe so far has required horizontal coordination between transmission system operators in different countries, the book looks ahead to the importance of vertical coordination between the transmission and distribution. An invaluable book for energy policymakers and practitioners working in Europe, the solutions offered for contemporary issues will also be helpful for those working in international or multi-region electricity markets more widely. Academics involved in the world of electricity regulation will also find this an invigorating read.
    • Making your way - The (wobbly) road to success and happiness in life and work

      Debruyne, Marion; De Stobbeleir, Katleen (2020)
      Dreaming big propels you forward. But it is often a bumpy road. In this book, two remarkable women unravel 15 persistent myths about the path to success and finding happiness in life and work, both from their own experiences and from their daily interactions with professionals. They want to encourage people to set themselves free from such myths and to pursue their dreams with confidence and optimism. In this inspiring book they share their personal stories, stimulating testimonies, and relevant scientific knowledge. Is the perfect job out there? How do you define success? Is it only about climbing the ladder? Does everything have to be planned out, preferably before your thirties? And what about so-called work-life balance? Discover their answers to all of these questions, and so much more. A book about dreaming big, lifelong learning, and daring to jump.