Although expert systems technology that takes advantage of artificial intelligence techniques is very powerful, its application in the business domain is not without problems. Nevertheless, integration of Decision Support System (DSS) and Expert System (ES) will improve decision maker...

Numerous empirical studies in the finance field have tested many theories for firms¡¦ capital structure. Under the assumption of asymmetric information, the pecking order theory proposes the financing order for farm businesses, which implies a negative relationship between their cash flow and...

Changes in loan quality affect loan pricing, credit policy, and the capital structure of the Farm Credit System (FCS). Improving the assessment and anticipation of changes in loan quality is a continual challenge. This research shows that loan quality assessment through aggregate credit scoring...

This study examined optimal farm capital structure and investment under asymmetric information between the farm borrower and lender. The capital structure of the borrower may affect the terms of the loan contract or may restrict credit availability. Thus, under asymmetric information conditions,...

The repayment ability of the borrower and, therefore, the loan performance should be contingent on actual performance of the financed business because other sources of income may not be reliable as evidenced by recent economic recession in USA. Accordingly, credit scoring models should basically...

Mean-variance efficient portfolio analysis is applied to situations where not all assets are perfectly price elastic in demand nor are asset moments known with certainty. Estimation and solution of such a model are based on an agricultural banking example. The distinction and advantages of a...

This study proposed a seemingly unrelated regression model to investigate the predicting capability of the structure model and test the capital structure theories. The model considered dynamic property of the structure model and characteristics of farm records. FBFM data are used in empirical...

The study addresses problems in measuring credit risk under the structure model, and then proposes a seemingly unrelated regression model (SUR) to predict farms’ ability in meeting their current and anticipated obligations in the next 12 months. The empirical model accounts for both the...

Numerous empirical studies in the finance field have tested many theories for firms¡¦ capital structure. Under the assumption of asymmetric information, the pecking order theory proposes the financing order for farm businesses, which implies a negative relationship between their cash flow and...