The verification of whether the financial statements of a firm represent its actual position is of major importance for auditors, which should provide a qualified report if they conclude that the financial statements fail to meet this requirement. This paper implements support vector machines...

In this paper we develop a multicriteria decision aid model, to investigate whether it is possible to replicate the credit ratings of Fitch on Asian banks using publicly available data. The model is developed with the Multi-group Hierarchical DIScrimination (MHDIS) approach, following a 10-fold...

This study examines the financial characteristics of 52 targets and 47 acquirers that were involved in acquisitions in the Asian commercial banking sector over the period 1998-2004 and a control sample of non-merged banks matched by country and year. Three logistic regression models are...

In this paper we compare the efficiency of five classification techniques namely, discriminant analysis, logit analysis, Utilites Additives Discriminantes (UTADIS), Multi-Group Hierarchical DIScrimination (MHDIS), and Support Vector Machines (SVMs) in predicting small firms failure. We then...

Prior studies on the determinants of audit reports focus on non-financial sectors. In contrast, the present study examines the determinants of auditors' opinion in the banking industry, using a sample of banks drawn from 9 Asian countries over the period 1995-2004. We use logistic regression and...