scholarly journals USING THE ANALYTIC HIERARCHY PROCESS TO ASSESS THE IMPACT OF INTERNAL CONTROL WEAKNESSES ON FIRM PERFORMANCE

2020 ◽  
Vol 12 (2) ◽  
Author(s):  
Amanda Lyn Wilford ◽  
Lawrence D. Bodin ◽  
Lawrence A. Gordon
Keyword(s):  
Firm Performance ◽  
Analytic Hierarchy Process ◽  
Internal Control ◽  
Analytic Hierarchy ◽  
Sarbanes Oxley ◽  
Different Types ◽  
The Analytic Hierarchy Process ◽  
The Impact ◽  
Hierarchy Process ◽  
Binary Measure

Since the passage of the Sarbanes-Oxley Act (SOX) of 2002, many studies have examined the impact of material weaknesses in internal control systems (MWICS) on firm performance. Overall, these studies indicate that a negative association exists between poor internal control and firm performance. Prior research suggests that the above noted association between internal control and firm performance should be affected by both the actual number and the different types of MWICS. However, this stream of research has focused on using a binary measure for internal control and has not considered the combined impact that the different types of MWICS may have on firm performance. In this study, we create and introduce a new internal control index, derived from the Analytic Hierarchy Process (AHP). We then show that more information regarding the impact of MWICS can be obtained through our AHP index measure as opposed to the binary measure that is commonly used. These findings have important implications for a firm’s stakeholders (e.g., managers, stockholders, creditors, financial analysts, employees, and auditors).

Performance of physical asset management using the analytic hierarchy process

2019 ◽  
Vol 37 (3) ◽  
pp. 327-345 ◽  
Author(s):  
Fawzeia Abdulla Al Marzooqi ◽  
Matloub Hussain ◽  
Syed Zamberi Ahmad
Keyword(s):  
Analytic Hierarchy Process ◽  
Asset Management ◽  
Analytic Hierarchy ◽  
Content Type ◽  
Equal Importance ◽  
The Analytic Hierarchy Process ◽  
Physical Asset ◽  
The Impact ◽  
Hierarchy Process ◽  
Asset Managers

Purpose The purpose of this paper is to explore certain resources, capabilities and competencies needed to improve the performance of physical asset management (PAM). Design/methodology/approach The analytic hierarchy process (AHP) is used to select and prioritize the most appropriate factors for improving performance. A multi-criteria approach is used to analyze and compare the importance of 6 main criteria and 18 subcriteria identified from a survey of relevant literature. Findings The study revealed that not all factors are viewed as having equal importance in improving PAM performance, as three of the main factors attained greater importance among the six factors. Research limitations/implications This study explored the factors required for managing assets only within the third stage of asset lifecycle, that is, the utilization stage. It is recommended that future studies be conducted in such a way as to determine the importance of similar factors in the other stages of the asset lifecycle, or to identify new factors and add new criteria. Practical implications Knowledge of the differential impacts of the factors on the performance of PAM can impact asset managers and decision makers in their allocation of resources and focus their work on the highest-ranked rather than the lowest-ranked factors. Also, AHP used provides an effective mean for asset managers to identify priorities among decision criteria in their organization. Originality/value To date, no study has explored the impact of six combined factors on the performance of PAM. Previous studies have found that these factors each had equal importance. However, their relative ranking in practice and when they appear together have remained unrecognized.

Comprehensive Assessment of Power Transformer Condition Based on the Fault Tree and the Analytic Hierarchy Process

2013 ◽  
Vol 805-806 ◽  
pp. 793-800 ◽  
Author(s):  
Feng Yao ◽  
Zhong Hui Zhang ◽  
Le Zhang He
Keyword(s):  
Analytic Hierarchy Process ◽  
Power Transformer ◽  
Fault Tree ◽  
The State ◽  
Comprehensive Assessment ◽  
Assessment Model ◽  
Analytic Hierarchy ◽  
The Analytic Hierarchy Process ◽  
The Impact ◽  
Hierarchy Process

Transformers state comprehensive assessment to provide the basis for the repair and maintenance of power transformers .Based on the fault tree analysis (FTA) to find out the impact of the failure of the power transformer factors, and the establishment of the index system to assess the state of the power transformer, application 3 scale analytic hierarchy process assessment model for the establishment of the state of the transformer , and thus the transformer state is divided into five levels. Through the classification of the more conducive to the staff to understand the transformer condition, reasonable arrangements for the maintenance plan .Case analysis to prove, based on the comprehensive assessment of the fault tree and power transformer condition of the Analytic Hierarchy Process method is reasonable and effective.

Navigational Environmental Risk Evaluation of Breakwater Based on the Analytic Hierarchy Process

2013 ◽  
Vol 779-780 ◽  
pp. 1648-1653
Author(s):  
Chun Hui Chen ◽  
Zhan Li Jiao ◽  
Fu Cai Jiang
Keyword(s):  
Analytic Hierarchy Process ◽  
Risk Evaluation ◽  
Risk Indicators ◽  
Engineering Project ◽  
Analytic Hierarchy ◽  
Project Risk ◽  
The Analytic Hierarchy Process ◽  
The Impact ◽  
Hierarchy Process ◽  
Navigation Safety

This paper introduces the analytic hierarchy process, and applies in the process of engineering project risk evaluation of navigational environment safety. This paper takes the breakwater project of a harbor as an example for analysis, through the recognition of each risk source and risk factor that the project influences on navigation safety to determine the risk indicators, and uses analytic hierarchy process to analyze the impact of various risk factors on navigation safety, thus gains the overall influence of project on navigation safety. This can be used as an auxiliary tool of engineering risk management.

Research and development of a composite with transparent polypropene fiber Part I: a study of combining the Taguchi method with the analytic hierarchy process for masterbatch modification and toughening to enhance characteristics

2017 ◽  
Vol 89 (3) ◽  
pp. 389-400 ◽  
Author(s):  
Chung-Feng Jeffrey Kuo ◽  
Chang-Chiun Huang ◽  
Cheng-Hsiang Ting ◽  
Min-Yan Dong ◽  
Wei Lun Lan
Keyword(s):  
Mechanical Properties ◽  
Taguchi Method ◽  
Analytic Hierarchy Process ◽  
Fibrous Composite ◽  
Optimum Combination ◽  
Optimum Process ◽  
Analytic Hierarchy ◽  
The Analytic Hierarchy Process ◽  
The Impact ◽  
Hierarchy Process

Polypropene (PP) has weak mechanical properties; relevant fibrous composite products are likely to bend under stress, becoming unavailable due to creases and folds. In order to maintain the product haze and tensile characteristic, the toughening property is enhanced greatly in this study. Firstly, the PP and enhanced rubber segment-styrene ethylene/butylene styrene (ERS-SEBS) are analyzed, and the two materials’ melting points and cracking points are confirmed. Three proportions of composite are made by single-screw mixing. The cost is reduced and the efficiency is confirmed by the Taguchi experiment. The single quality optimum combination is obtained by analysis of variance (ANOVA) and a factor response table. The optimum process parameters are designed according to the contribution degrees of quality weight and control parameters by using the analytic hierarchy process and ANOVA of the Taguchi method based on the reproducibility of the single quality optimum combination validation experiment. According to practical validation, in the ERS-SEBS modified optimum process of PP, the impact strength is 7.26 kJ/m2, higher than that of regular PP by 142%. The tensile strength is 23.69 MPa, high than that of regular PP by 3%. The haze can be reduced to 5.7%. The developed composite of the PP/styrene triblock copolymer has better mechanical properties and retains its optical performance. It can be used in a fibrous composite to make a composite with transparent fiber to present the fiber line distribution of fabric in the composite.

scholarly journals Accounting Compensation Modeling Using The Analytic Hierarchy Process Supporting The Sarbanes-Oxley Act

2014 ◽  
Vol 30 (2) ◽  
pp. 599
Author(s):  
Cynthia L. Knott ◽  
G. Steube
Keyword(s):  
Analytic Hierarchy Process ◽  
Economic Downturn ◽  
Accounting Fraud ◽  
Corporate Board ◽  
Analytic Hierarchy ◽  
Compensation Contracts ◽  
Sarbanes Oxley ◽  
Wide Range ◽  
The Analytic Hierarchy Process ◽  
Hierarchy Process

<p>The Sarbanes-Oxley Act (SOA) of 2002 included a wide range of reforms for issuers of publicly traded securities, auditors, corporate board members, and lawyers. It was aimed at deterring and punishing corporate and accounting fraud with severe penalties for wrongdoers, and protecting the interests of workers and shareholders. The SOA along with the economic downturn of 2008 and the subsequent passing of the Dodd-Frank Act has focused additional attention to executive compensation especially for CEOs. This paper proposes that the Analytic Hierarchy Process (AHP) may be useful in developing input to compensation contracts in ways that support regulations and the interests of investors and stockholders. AHP is suggested as a framework to explore when considering the factors that can be used to measure the performance of a CEO. Seven reasons for using AHP for this purpose are presented in this report: (1) emphasizes objectivity and consistency, (2) creates an audit trail for compensation agreements, (3) improves understanding between CEOs and compensation committees, (4) supports review and updating CEO compensation contracts, (5) augments CEO selection, (6) supports SOA and Dodd-Frank Act, and (7) may attract investors.</p>

Index of suicide risk in Mexico using Twitter

2019 ◽  
pp. 1-13
Author(s):  
Luz Judith Rodríguez-Esparza ◽  
Diana Barraza-Barraza ◽  
Jesús Salazar-Ibarra ◽  
Rafael Gerardo Vargas-Pasaye
Keyword(s):  
Social Networks ◽  
Analytic Hierarchy Process ◽  
Suicide Risk ◽  
Opinion Mining ◽  
Real Data ◽  
Analytic Hierarchy ◽  
Specialized Care ◽  
The Analytic Hierarchy Process ◽  
Hierarchy Process

Objectives: To identify early suicide risk signs on depressive subjects, so that specialized care can be provided. Various studies have focused on studying expressions on social networks, where users pour their emotions, to determine if they show signs of depression or not. However, they have neglected the quantification of the risk of committing suicide. Therefore, this article proposes a new index for identifying suicide risk in Mexico. Methodology: The proposal index is constructed through opinion mining using Twitter and the Analytic Hierarchy Process. Contribution: Using R statistical package, a study is presented considering real data, making a classification of people according to the obtained index and using information from psychologists. The proposed methodology represents an innovative prevention alternative for suicide.

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