Due to their type of mathematical construction, the use standard financial ratios in studies analysing health a group firms leads series statistical problems that can invalidate results obtained. These are originated by asymmetry ratios. The present article justifies new methodology using compositional data (CoDa) analyse statements sector, improving analyses conventional since enables techniqu...

The industrial sector of Cuenca represents an icon development and progress this city. problem studying is that it calculates traditional financial ratios exposed to volatile contexts with high uncertainty. aim research estimate fuzzy logic approach in companies city, Ecuador, due the great importance estimating these determine health organizations. descriptive, a quantitative approach, using e...

The theory of the optimal allocation of risk and the Townsend Thai panel data on financial transactions are used to assess the impact of the major formal and informal financial institutions of an emerging market economy. We link financial institution assessment to the actual impact on clients, rather than ratios and non-performing loans. We derive both consumption and investment equations from ...

Non-financial performance measures are often used for performance evaluation. They are especially relevant if the available financial performance measures not completely reflect the manager’s contribution to the firm’s total value. Then, non-financial performance measures serve as an indicator for the firm’s long-term performance and may therefore be included in incentive contracts. In the pape...