This paper describes a multidimensional machine learning model and its implementation in a financial technology (fintech) application. The aim of the model is to learn from both micro economic financial data and macro economic trends the credit rating of companies that ask for credit. We show...

Investments in Small and Medium Enterprise (SME) are facilitated by the availability of advanced machine learning (ML) methods, with high computational power and accuracy. However, despite their high accuracy, complex ML models do not provide sufficient explanation and may not be adequate for...

The proposals to limit auditor liability, principally aimed at protecting the Big-4 from the risk of a catastrophic exposure to damages, are grounded on the assumption that auditors are generally over-deterred. The 2008 EC Commission Recommendation on auditor liability relies heavily on this...

This is the first European study to conduct an extensive empirical research of startup charters. Our aim is to test whether the significant reforms of the law on the Italian società a responsabilità limitata (the GmbH-type limited liability company) were successful in making Italian corporate...

Explanations are necessary objects of a decision-making problem. However, complex Machine learning (ML) models that are usually used to provide decisions lack explanations. Model-agnostic explanation methods are the solutions for this problem and can find the contribution of each variable to the...

Financial institutions are increasingly leveraging on advanced technologies, facilitated by the availability of Machine Learning methods that are being integrated into several applications, such as credit scoring, anomaly detection, internal controls and regulatory compliance. Despite their high...

The use of ESG metrics is increasingly affecting investment and lending decisions. Along with the growing relevance of sustainability issues and policymakers plans, ESG behaviour is to being included in the determination of companies credit ratings.Given the high number of ESG scores and...

Though gender equality has been at the centre of debate over the last decades, a number of benefits concerning the impact of female directors on corporate performance are still overlooked. Particularly, the link that seems to exist between female directors and sustainable finance has received...