This paper uses Artificial Neural Networks to develop a model for detecting management fraud. Although similar to the more widely investigated area of bankruptcy prediction, research has been minimal. To increase the body of knowledge on this subject, we offer an in-depth examination of important publicly available predictors of fraudulent financial statements. We test the value of these sugges...

payoffs from information technology (it) continue to generate interest and debate both among academicians and practitioners. these have led the decision makers to confusion about it effect on firms` financial performance; they don’t know either high or low effect is because of internal or external factors of organizational environment. the mechanism for decreasing the risks is to identify the c...

The asset structure of companies should matter for financing decisions. Small and medium-sized companies in Croatia may use tangible assets as collateral, either providing more access to creditors or as a guarantee in case of bankruptcy. The aim of this paper is to investigate the relationship between tangible assets and the capital structure of Croatian small and medium-sized enterprises. Most...

After the 2007-2008 subprime financial crisis considering bankruptcy evaluation for the banking industry becomes vital. In line of that, this study aims to analyze the bankruptcy profile of foreign versus domestic Islamic banks operating in Malaysia. This study predicted 40% and 75% bankruptcy in the subjected samples of foreign and domestic Islamic banks of Malaysia respectively. However, the ...

After the burst of the bubble economy in 1990, the Japanese economy has been on a downward slide and many companies have been faced with financial difficulties. Hence, a certain prediction model to assess the financial distress of Japanese firms is required. This paper presents some empirical results of a study regarding financial ratios as predictors of Japanese corporate failure, evidenced by...