15 research outputs found
Multi-criteria ranking of corporate distress prediction models: empirical evaluation and methodological contributions
YesAlthough many modelling and prediction frameworks for corporate bankruptcy
and distress have been proposed, the relative performance evaluation of prediction models
is criticised due to the assessment exercise using a single measure of one criterion at
a time, which leads to reporting conflicting results. Mousavi et al. (Int Rev Financ Anal
42:64–75, 2015) proposed an orientation-free super-efficiency DEA-based framework to
overcome this methodological issue. However, within a super-efficiency DEA framework,
the reference benchmark changes from one prediction model evaluation to another, which
in some contexts might be viewed as “unfair” benchmarking. In this paper, we overcome
this issue by proposing a slacks-based context-dependent DEA (SBM-CDEA) framework
to evaluate competing distress prediction models. In addition, we propose a hybrid crossbenchmarking-
cross-efficiency framework as an alternative methodology for ranking DMUs
that are heterogeneous. Furthermore, using data on UK firms listed on London Stock
Exchange, we perform a comprehensive comparative analysis of the most popular corporate
distress prediction models; namely, statistical models, under both mono criterion and
multiple criteria frameworks considering several performance measures. Also, we propose
new statistical models using macroeconomic indicators as drivers of distress
Patient-Identified Factors That Influence Spasticity in People with Stroke and Multiple Sclerosis Receiving Botulinum Toxin Injection Treatments
Strategic choices and strategic management accounting in large manufacturing firms
This study examines the relationship between strategic choices and the use of strategic management accounting (SMA) techniques in large manufacturing companies and investigates whether external factors such as environmental uncertainty and competitive forces affect the SMA system. The survey results show that SMA usage does not depend on strategy type and only marginally depends on geographic orientation. These findings have been integrated using qualitative data collected in seven large companies through interviews. Although significant progress has been made over the last two decades in describing SMA practices in Europe, the contribution of this study to the accounting (SMA) literature involves both the research content and design. Having identified gaps in previous SMA research, we design a study focused on large manufacturing firms that considers different hypotheses and adopts a mixed method approach
Taking ACTION to reduce pain: ACTION study rationale, design and protocol of a randomized trial of a proactive telephone-based coaching intervention for chronic musculoskeletal pain among African Americans
The Influences of L(+)-Lactate and pH on Contractile Performance in Rabbit Glycerinated Skeletal Muscle
Effect of Blood Lactate Concentration and the Level of Oxygen Uptake Immediately before a Cycling Sprint on Neuromuscular Activation during Repeated Cycling Sprints
Corporate governance and board accounts: exploring a neglected interface between boards of directors and management
Corporate governance, Boards of directors, Management, Board accounts, Management accounting, Corporate strategy, Archive-based approach,