Discriminant analysis is a classification method that can predict the group membership of a newly sampled observation. In discriminant analysis, classification of new observed data has an uncertainty. In this paper, the confidence degree is introduced to determine the confidence of classification of new observed data. Then, a Monte Carlo-based sensitivity analysis is applied to an assessment of...

We examine information quality and financial leverage when an entrepreneur needs financing to undertake a risky project his effort input affects the project's outcome. show that interact play active roles in both investment decisions. Our analysis shows positive association between optimal quality—when is low (high), (high) optimal. This because with leverage, already motivated by large share o...

Financial crises, like Asian financial crisis in 1997 and credit crunch from USA in 2007, have huge influence worldwide. For the importance and uniqueness of China’s stock market, it is interesting and attractive to research it under influence of financial crises. The purpose for this research is to find out the influence of financial crises on Chinese stock market and focus on efficiency front...

This paper examines the potential efficiency effects of a single market for financial services in Europe. The topics covered include universal banking, the merger and acquisition process itself, cross-border ownership and management of financial institutions, and the effects of consolidation of financial institutions on the supply of relationship lending services to informationally opaque small...

Financial efficiency evaluations in a network system, considering intermediate products, nowadays consideres great importance for managers. In the process of doing business analysis, each stage of in a network is of particular importance. In this paper, with the help of Data Envelopment Analysis (DEA), the performance of a network with feedbacks are considerd. In this assessment, financia...

introduction: the quality of financial reports is measured by accruals, and these accruals can be manipulated by managers. therefore, managers by manipulating the accruals can affect the quality of financial reports. in this research, a new non-financial element has been considered as manager's ability, and its goal is to investigate the effect of manager's ability on the relationship between t...