A stochastic simulation approach to financial forecasting using simultaneous equations

Outlines Warren and Shelton’s system for modelling a firm’s operations as a set of simultaneous equations, its limitations and the addition of Monte Carlo simulation into it by Coats and Chesser. Develops these ideas further and applies the new simulation model to a Greek clothing firm to test its effectiveness. Considers other possible applications, e.g. forecasting, calculating the cost of capital and valuation.

MoreLess

Year of publication:	1999
Authors:	Artikis, Panayiotis G. ; Artikis, George P.
Published in:	Managerial Finance. - MCB UP Ltd, ISSN 1758-7743, ZDB-ID 2047612-7. - Vol. 25.1999, 8, p. 12-21
Publisher:	MCB UP Ltd
Subject:	Accounting research \| Simulation \| Modelling \| Predictive validity \| Clothing industry \| Greece

More details

Type of publication:	Article
Type of publication (narrower categories):	research-article
Language:	English
Other identifiers:	10.1108/03074359910766082 [DOI]
Source:	Other ZBW resources

Persistent link: https://www.econbiz.de/10014940388