Indisputably, financial reporting has a key role to play in the efficient workings of capitalist economies. Problems related to agency and asymmetric information (Jensen and Meckling, 1976) would abound and cripple financial markets, as it has done when left unchecked (Enron, WorldCom and Tyco). However for too long, quantitative data has monopolised the assessment and prediction role within th...

---------------------------------------------------------------------Abstract------------------------------------------------------------------Now a day’s investors invest money in financial products. Financial operations are not local but wide-ranging to all the countries in the world. Stock Market is the market for security where organized issuance and trading of Stocks take place either thro...

Financial decisions are compelled and constrained by non-financial factors. These include personality characteristics of individuals as well as the social environments in which decisions are made. This paper provides an overview of theories that seek to explain how non-financial factors influence financial decisions: Developmental Psychology, Crystallized and Fluid Intelligence, Behavioral Econ...

today, such organizations are successful and can continue to grow and survive in the competitive conditions that try to make use of thoughts and new ideas and identify needs and environmental opportunities and exploit to their benefit the actions that other organizations are doing in order to gain a competitive advantage and thereby, they can prevent the possible threats that will arise in the ...

Enterprise financial risks are analyzed utilizing the theory of organizational behavior, and a risk management system is constructed to improve design algorithm enterprise system. Base on CCER (China Center for Economic Research) database, early warning model containing five indices proposed enterprises. Through Logistic regression analysis, principle based AI (Artificial Intelligence) technolo...

In this paper, we present Warren, a multi-agent system for intelligent portfolio management, which is motivated by the great benefits of working in teams within the domain of Distributed Artificial Intelligence (DAI) and TextMiner which takes advantage of information retrieval techniques to complement quantitative financial information. In the portfolio management domain, software agents that e...

This short review presents a selected history of the mutual fertilization between physics and economics—from Isaac Newton and Adam Smith to the present. The fundamentally different perspectives embraced in theories developed in financial economics compared with physics are dissected with the examples of the volatility smile and of the excess volatility puzzle. The role of the Ising model of pha...

Artificial Stock Markets (here after ASM) have received an increasing amount of academic interest since the seminal works of [20] or [17]. Such platforms have benefitted from advances and new methods developed in the field of multi agent-systems (see for example [10], [14] and [27]). These Agent-Based virtual environments are particularly useful to study various aspects of the financial world i...