This study presents the first attempt to develop classification models for the prediction of share repurchases using multicriteria decision aid (MCDA) methods. The MCDA models are developed using two methods namely UTilités Additives DIScriminantes (UTADIS) and ELimination and Choice Expressing...

In this paper we use a sample of 894 banks from 79 countries to develop a multicriteria decision aid model, for the classification of banks in three groups on the basis of their soundness. The model is developed with the UTADIS method, through a ten-fold cross-validation procedure using six...

This study investigates the efficiency of k-Nearest Neighbours (k-NN) in developing models for estimating auditors' opinion, as opposed to models developed with discriminant and logit analyses. The sample consists of 5,276 financial statements, out of which 980 received a qualified audit...

In the present study we investigate the development of a classification model for discriminating between bankrupt, financially distressed and non-failed firms. The sample consists of 44 Greek firms that filed for bankruptcy over the period 2000-2003, 32 distressed firms that had serious...

All UK companies are required by company law to prepare financial statements that must comply with law and accounting standards. With the exception of very small companies, financial accounts must then be audited by UK registered auditors who must express an opinion on whether these statements...

In this paper, we investigate the relative performance of both linear and non-linear support vector machines (SVMs) models with a polynomial and an RBF kernel in the development of classification models for the prediction of EU bank acquisition targets. The training sample consists of 274 banks,...

The purpose of the present study is the development of classification models that could be used in the identification of acquirers and targets in the Asian banking sector. We use a sample of 52 targets and 47 acquirers that were involved in acquisitions in 9 Asian banking markets during...

We propose a holistic evaluation framework that banks could adopt when screening corporate entities. The framework is based on the development of a composite indicator of social, environmental and financial performance. This integrated view of evaluation is conceptually aligned with ISO...

We investigate the association between the regulatory and supervision framework and the likelihood of being involved in acquisitions either as acquirer or target in the Asian banking industry over the period 1998-2004. The sample consists of 473 commercial banks operating in 9 markets, a total...

We investigate the association between the regulatory and supervision framework and the acquisition likelihood in the Asian banking industry. The sample consists of 472 commercial banks operating in 9 South and Southeastern Asian countries, from which 52 were acquired between 1998 and 2004,...