Choosing a Method for Predicting Economic Performance of Companies

نویسنده

  • L. DOMARACKÁ. P. BARTÁK
چکیده

This paper reports on the eff orts to fi nd a method for predicting economic results of companies. The input data fi les consist of 93 profi table companies and 93 bankrupt fi rms. From the total number of 93 fi rms in both categories, data of 72 fi rms served for establishing a classifi cation criterion, and for the rest of 21 fi rms, a prognosis of their economic development was performed. The classifi cation criterion for prognosticating the future economic development has been established by applications of discriminate analysis, logit analysis, and artifi cial neural network methods. The application of artifi cial neural networks has provided for better classifi cation accuracies of 90,48 % for successful fi rms, and 100 % for bankrupt fi rms.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

A Resilience-Based Model for Performance Assessment of Companies Listed in Tehran Stock Exchange During Economic and Environmental Crisis

Companies are faced with serious challenges in environmental and economic crisis. It may become a threat to their financial performance and viability. Thus, there is an urgent need for being resilient in the event of any disruption. The present study aims to assess the performance of companies listed in Tehran Stock Exchange in terms of resilience factors. A standardized questionnaire containing...

متن کامل

Economic Regulation Design for the Electricity Distribution Companies of Iran

In addition to the necessity of liberalizing the price of the various sectors of electricity, the regulation of sectors that still maintain their own monopoly structure is mandatory. In order to improve the efficiency of these sectors and encourage their cost reduction, incentive-based regulatory approaches are used which rely on performance evaluation. Due to the monopolistic structure of Iran...

متن کامل

Investigate Factors Affecting on the Performance of Agricultural Machinery Companies Based on Taxonomy Algorithm

Taxonomy(general), the practice and science of classification of things or concepts, including the principles that underlie such classification. Economic taxonomy, a system of classification for economic activity. The main objective of the study was to find whether financial ratios affect the performance of the Agricultural Machinery companies in Iran. A firm performance evaluation and its comp...

متن کامل

Economic and environmental performance analysis of Polish energy companies

The tightening of the European Union climate and energy policy, directed to raising the resilience and effectiveness of the European Union Emissions Trading System, may influence on companies' economic performance. Polish energy companies, which mainly use coal in the energy production process, are particularly worried about the potential negative consequences associated with the implementation...

متن کامل

Portfolio Performance Evaluation in a Modified Mean-Variance-Skewness Framework with Negative Data

   The present study is an attempt toward evaluating the performance of portfolios using mean-variance-skewness model with negative data. Mean-variance non-linear framework and mean-variance-skewness non- linear framework had been proposed based on Data Envelopment Analysis, which the variance of the assets had been used as an input to the DEA and expected return and skewness were the output. C...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2012