scholarly journals Does the macroeconomic context condition the prediction of business failure?

2019 ◽  
pp. 1-18
Author(s):  
José Guillermo Contreras-Frías ◽  
María Jesús Segovia-Vargas ◽  
María del Mar Camacho-Miñano ◽  
Marta Miranda-García

The objective of this study is to identify both micro and macroeconomic variables that allow us to analyze in advance the probabilities of business failure. The selected sample contains all the listed companies of the IPC index of Mexico, IBEX-35 of Spain and EURO STOXX50 of Europe for a time horizon of 5 years. Our contribution lies in the empirical testing of the results by two different techniques: general estimating equations (a parametric technique) and a decision tree (a non-parametric technique based on artificial intelligence). The obtained results show that the factors of liquidity, indebtedness and profitability are the ones that affect the prediction of corporatebankruptcy for listed companies, but not the macroeconomic ones, since the macroeconomic peculiarities of each country are diluted by the importance of the economic-financial structure of each company.

2016 ◽  
Vol 13 (1) ◽  
pp. 32-48 ◽  
Author(s):  
Natividad Rodríguez-Masero

The aim of this paper is to provide new empirical evidence on the capital structure of companies. The author is going to analyze models used in previous literature, and these models will be applied to the sample selected. This sample is different from previous ones in time and characteristics. So it can be analyzed whether the type of company and the moment of time affect the financial structure of models. At the same time the author offers a new model that is representative of the variables that affect the corporate debt in this type of firms. Methodologically a multivariate analysis has been used with panel data on a sample of Spanish listed companies for the period 2003-2013. The sample had not been used in previous studies and the time horizon is characterized by periods of both boom and difficulties and even crises in corporate finance. First the author analyzes a series of models developed from previous studies in which different variables are analyzed, on the other hand has been discussed a proposed based on the results observed model. It is also reported about the evolution of the debt and the level of intangibles by the industry. The results are consistent with the existence of influence of variables related to economic structure (non current assets and current assets), the size of the company, the industry, the level of intangible assets and the return on the debt level


2021 ◽  
pp. 1-10
Author(s):  
Chao Dong ◽  
Yan Guo

The wide application of artificial intelligence technology in various fields has accelerated the pace of people exploring the hidden information behind large amounts of data. People hope to use data mining methods to conduct effective research on higher education management, and decision tree classification algorithm as a data analysis method in data mining technology, high-precision classification accuracy, intuitive decision results, and high generalization ability make it become a more ideal method of higher education management. Aiming at the sensitivity of data processing and decision tree classification to noisy data, this paper proposes corresponding improvements, and proposes a variable precision rough set attribute selection standard based on scale function, which considers both the weighted approximation accuracy and attribute value of the attribute. The number improves the anti-interference ability of noise data, reduces the bias in attribute selection, and improves the classification accuracy. At the same time, the suppression factor threshold, support and confidence are introduced in the tree pre-pruning process, which simplifies the tree structure. The comparative experiments on standard data sets show that the improved algorithm proposed in this paper is better than other decision tree algorithms and can effectively realize the differentiated classification of higher education management.


2021 ◽  
Author(s):  
Nicodemus Nzoka Maingi ◽  
Ismail Ateya Lukandu ◽  
Matilu MWAU

Abstract BackgroundThe disease outbreak management operations of most countries (notably Kenya) present numerous novel ideas of how to best make use of notifiable disease data to effect proactive interventions. Notifiable disease data is reported, aggregated and variously consumed. Over the years, there has been a deluge of notifiable disease data and the challenge for notifiable disease data management entities has been how to objectively and dynamically aggregate such data in a manner such as to enable the efficient consumption to inform relevant mitigation measures. Various models have been explored, tried and tested with varying results; some purely mathematical and statistical, others quasi-mathematical cum software model-driven.MethodsOne of the tools that has been explored is Artificial Intelligence (AI). AI is a technique that enables computers to intelligently perform and mimic actions and tasks usually reserved for human experts. AI presents a great opportunity for redefining how the data is more meaningfully processed and packaged. This research explores AI’s Machine Learning (ML) theory as a differentiator in the crunching of notifiable disease data and adding perspective. An algorithm has been designed to test different notifiable disease outbreak data cases, a shift to managing disease outbreaks via the symptoms they generally manifest. Each notifiable disease is broken down into a set of symptoms, dubbed symptom burden variables, and consequently categorized into eight clusters: Bodily, Gastro-Intestinal, Muscular, Nasal, Pain, Respiratory, Skin, and finally, Other Symptom Clusters. ML’s decision tree theory has been utilized in the determination of the entropies and information gains of each symptom cluster based on select test data sets.ResultsOnce the entropies and information gains have been determined, the information gain variables are then ranked in descending order; from the variables with the highest information gains to those with the lowest, thereby giving a clear-cut criteria of how the variables are ordered. The ranked variables are then utilized in the construction of a binary decision tree, which graphically and structurally represents the variables. Should any variables have a tie in the information gain rankings, such are given equal importance in the construction of the binary decision-tree. From the presented data, the computed information gains are ordered as; Gastro-Intestinal, Bodily, Pain, Skin, Respiratory, Others. Muscular, and finally Nasal Symptoms respectively. The corresponding binary decision tree is then constructed.ConclusionsThe algorithm successfully singles out the disease burden variable(s) that are most critical as the point of diagnostic focus to enable the relevant authorities take the necessary, informed interventions. This algorithm provides a good basis for a country’s localized diagnostic activities driven by data from the reported notifiable disease cases. The algorithm presents a dynamic mechanism that can be used to analyze and aggregate any notifiable disease data set, meaning that the algorithm is not fixated or locked on any particular data set.


2021 ◽  
Author(s):  
Olga Troitskaya ◽  
Andrey Zakharov

In recent years there has been a growth of psychological chatbots performing important functions from checking symptoms to providing psychoeducation and guiding self-help exercises. Technologically these chatbots are based on traditional decision-tree algorithms with limited keyword recognition. A key challenge to the development of conversational artificial intelligence is intent recognition or understanding the goal that the user wants to accomplish. The user query on psychological topic is often emotional, highly contextual and non goal-oriented, and therefore may contain vague, mixed or multiple intents. In this study we made an attempt to identify and categorize user intents with relation to psychological topics using the database of 43 000 messages from iCognito Anti-depression chatbot. We have identified 24 classes of user intents that can be grouped into larger categories, such as: a) intents to improve emotional state; b) intents to improve interpersonal relations; c) intents to improve physical condition; d) intents to solve practical problems; e) intents to make a decision; f) intents to harm oneself or commit suicide; g) intent to blame or criticize oneself. This classification may be used for the development of conversational artificial intelligence in the field of psychotherapy.


Sign in / Sign up

Export Citation Format

Share Document