The purpose of this work is to introduce one of the most promising among recently developed statistical techniques – the support vector machine (SVM) – to corporate bankruptcy analysis. An SVM is implemented for analysing such predictors as financial ratios. A method of adapting it to...

: D23, D73, D82, H54, M38, R42

An easy-to-use quantitative risk analysis model is developed for the private security industry in South Africa, which can be used as a suitable analysing tool in the hands of the private security manager.This model incorporate different concepts such as the probability, impact, cost of risk,...

Disruptive technology (DT) is an emerging technology whose arrival in the marketplace signifies the eventual displacement of the existing dominant technology. Identifying and assessing the risks associated with the various phases of a DT process is one of the key challenges a firm developing the...

This paper investigates adverse selection in crop insurance markets using both parametric and nonparametric methods. Our results reject the conditional independence of the choice of insurance contracts and risk of loss, implying the presence of informational asymmetries between insurers and...

Many private business relationships are increasingly characterized by claims that certain actions should not be permitted since particular right claims are involved. Such claims should be taken seriously, but are they always ethically legitimate? This paper analyzes one context, the use of age...

Small and medium-sized enterprises are a centrepiece of Europes economy. Due to their limited size and their generally lower creditworthiness, their access to financial market instruments is more limited than for large enterprises, which benefit from more elaborate Treasury operations, economies...