Template-Type: ReDIF-Article 1.0 Author-Name: Sophia Nema Author-X-Name-First: Sophia Author-X-Name-Last: Nema Author-Name: Katerina Lyroudi Author-X-Name-First: Katerina Author-X-Name-Last: Lyroudi Title: Financial analysis of selected fresh milk companies in Greece: the case of the cooperative company Thess Gala Pies Abstract: This paper examines the application of the Altman Z-score (1983) model revised for non-publicly traded firms and the Altman Z-score (2000) model for firms operating in emerging markets, in order to rate the performance of a cooperative dairy firm called 'THESS GALA PIES', in comparison to the fresh milk market leader, 'DELTA', another local dairy firm of similar size sales, 'TRIKKI' and the Greek dairy industry. The comparative analysis of the aforementioned entities using the Altman (1983) non-public firms Z-score model, showed that 'THESS GALA PIES' performed better than all the rest. 'DELTA' presented the lowest performance whilst the dairy industry unified data led to Z-scores that were averaging the rest. The comparison of the emerging markets model Z-scores showed that 'TRIKKI' was performing better with 'DELTA' presenting again the lowest scores and the unified dairy industry data averaging the rest. Journal: Int. J. of Decision Sciences, Risk and Management Pages: 161-188 Issue: 3/4 Volume: 10 Year: 2022 Keywords: solvency prediction models; Z-score; Greek dairy industry. File-URL: http://www.inderscience.com/link.php?id=125008 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijdsrm:v:10:y:2022:i:3/4:p:161-188 Template-Type: ReDIF-Article 1.0 Author-Name: David McLain Author-X-Name-First: David Author-X-Name-Last: McLain Author-Name: Jinpei Wu Author-X-Name-First: Jinpei Author-X-Name-Last: Wu Title: Information and ill-structured decisions: the effects of web use and feedback Abstract: Most problems have information deficits, motivating decision-makers to seek additional information beyond personal experience. The World Wide Web and performance feedback are especially accessible information resources. An experiment testing the influence of web and feedback information on performance at making ill-structured decisions revealed that mere belief in the web's usefulness did not predict better decisions. Actual web use provided inconsistent benefits, but expectations-clarifying feedback consistently drove significant decision improvements. Simple knowledge-of-results feedback, however, was of no benefit. Relevant experience, the foundation on which decision information is built, also improved decisions. Scholars should consider the influence of multiple information sources on decisions, specifically ill-structured decisions. Practitioners should encourage more feedback-seeking and experience expansion while understanding the limitations of the web. Journal: Int. J. of Decision Sciences, Risk and Management Pages: 189-211 Issue: 3/4 Volume: 10 Year: 2022 Keywords: decision-making; web; internet; feedback; performance; internet attitude; information resources; ecological validity; experiment; ambiguity; uncertainty. File-URL: http://www.inderscience.com/link.php?id=125011 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijdsrm:v:10:y:2022:i:3/4:p:189-211 Template-Type: ReDIF-Article 1.0 Author-Name: Sarah Francisca de Souza Borges Author-X-Name-First: Sarah Francisca de Souza Author-X-Name-Last: Borges Author-Name: Mischel Carmen Neyra Belderrain Author-X-Name-First: Mischel Carmen Neyra Author-X-Name-Last: Belderrain Author-Name: Moacyr Machado Cardoso Junior Author-X-Name-First: Moacyr Machado Cardoso Author-X-Name-Last: Junior Author-Name: Diogo Silva Castilho Author-X-Name-First: Diogo Silva Author-X-Name-Last: Castilho Title: Integration of STPA and TOPSIS fuzzy methods for risk analysis in aerospace projects Abstract: There are several types of risks in organisations and projects, including technological, financial, environmental, legal, and operational. This article focuses on a risk analysis framework for complex aerospace research projects, some of which are innovations in the area and do not have a history of data from previous activities. The objective of this study is to analyse the feasibility of integrating the systems theoretic process analysis (STPA) method for systemic assessment of safety and fuzzy technique for order preference by similarity to ideal solution (TOPSIS) for prioritising unsafe control actions (UCAs). The proposed integration method was applied to the Laboratory of Injection Systems for Liquid Propellants at the Aeronautics Institute of Technology (ITA). The results obtained were the need for an emergency response plan, signalling, access control, and safety training for laboratory technicians. Therefore, risk analysis is essential to support the decision-making process, to identify and reduce hazards and losses. Journal: Int. J. of Decision Sciences, Risk and Management Pages: 212-226 Issue: 3/4 Volume: 10 Year: 2022 Keywords: aerospace engineering; decision analysis; risk analysis; safety; project management; STPA; topsis fuzzy. File-URL: http://www.inderscience.com/link.php?id=125013 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijdsrm:v:10:y:2022:i:3/4:p:212-226 Template-Type: ReDIF-Article 1.0 Author-Name: Fabrizio Baldassarre Author-X-Name-First: Fabrizio Author-X-Name-Last: Baldassarre Author-Name: Raffaele Silvestri Author-X-Name-First: Raffaele Author-X-Name-Last: Silvestri Author-Name: Francesca Ricciardi Author-X-Name-First: Francesca Author-X-Name-Last: Ricciardi Author-Name: Savino Santovito Author-X-Name-First: Savino Author-X-Name-Last: Santovito Title: Supply chain risk management for a sustainable strategy: a study in the furniture industry Abstract: Risk prevention and mitigation strategies, deriving from total-quality-oriented internalisation choices, cannot be observed regardless of the strategic orientation adopted by a business in managing its supply chain. The aim of the paper is to investigate how a business can manage the risk of social sustainability deriving from total-quality-oriented internalisation strategies. A case study is conducted in the furniture industry, for which data are collected through qualitative interviews with the management. The data shows that the supplier's involvement in implementing buyers' marketing strategy can support the latter in mitigating the social sustainability risk. The sharing of strategic marketing objectives becomes a driver of change for the supplier at both an organisational and a relational level: it can support the buyer in mitigating the reputational risk within the business network and the local community and the risk of social sustainability created by vertical integration choices. In the academic debate, limited attention is paid to the relationship between supply chain risk management and sustainability. The paper aims to fill this gap. Journal: Int. J. of Decision Sciences, Risk and Management Pages: 227-248 Issue: 3/4 Volume: 10 Year: 2022 Keywords: supply chain risk; management; risk assessment; strategy development; supplier management; vertical integration; sustainability. File-URL: http://www.inderscience.com/link.php?id=125014 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijdsrm:v:10:y:2022:i:3/4:p:227-248