This paper offers an exhaustive analysis of the effectiveness of several models and methodologies that are commonly used to forecast financial failure: Linear, MDA, Logit, and artificial neural network. Our main aim is to evaluate their relative strengths and weaknesses, in terms of technical...

This paper offers an exhaustive analysis of the effectiveness of several models and methodologies that are commonly used to forecast financial failure: Linear, MDA, Logit, and artificial neural network. Our main aim is to evaluate their relative strengths and weaknesses, in terms of technical...

The study of the determinants of firm profitability is paramount as the main objective of a company is to maximize the present value of its profits. Corporate governance is said to reduce agency costs and help improve firm performance, an issue barely explored for the case of Mexico. Using eight...