Knowing what an AI investment is worth and what determines that value is a pre-requisite for intelligent decision making- in choosing to invest in this field and domain. Investments in advanced transformation like AI, in deciding on the appropriate price to pay or receive in a takeover and in...

Taking advantage of granular data we measure the change in bank capital requirement resulting from the implementation of AI techniques to predict corporate defaults. For each of the largest banks operating in France we design an algorithm to build pseudo-internal models of credit risk management...

Recent years have seen a rapid acceleration in the adoption of stakeholder value creation as a core tenet of sound business practice. We examine the impact of a firm's succession practices on a typical financial stakeholder: one who holds a company's stock as part of a diversified investment...

The aim of this paper is to study the sustainability of Social farming (SF), with attention to practices addressed people suffering from addictions. In this study the Social Return on Investment (SROI) has been used as assessment methodology; has been used, which is increasingly used to approach...

Taking advantage of granular data we measure the change in bank capital requirement resulting from the implementation of AI techniques to predict corporate defaults. For each of the largest banks operating in France we design an algorithm to build pseudo-internal models of credit risk management...

The evaluation of social enterprises has been criticized for not being able to reflect the positive social aspects of the company through the financial evaluation. SROI (Social Return on Investment) is a social concept applied to the measurement of economic return on investment that aims to...

The paper develops an SROI (Social Return on Investment) analysis of four microfinance institutions (MFIs) located in Spain, Italy and Bosnia-Herzegovina. This work is part of the MeMI Project ("Measuring Microfinance Impact in the EU. Policy recommendations for Financial and Social Inclusion")...

This paper studies external sovereign bonds as an asset class. It compiles a new database of 266,000 monthly prices of foreign-currency government bonds traded in London and New York between 1815 (the Battle of Waterloo) and 2016, covering up to 91 countries. The main insight is that, as in...

Modern investors face a high-dimensional prediction problem: thousands of observable variables are potentially relevant for forecasting. We reassess the conventional wisdom on market efficiency in light of this fact. In our model economy, which resembles a typical machine learning setting, N...

Investment in intangible capital--in particular, research and development--increased dramatically since the 1990s. However, productivity growth remains sluggish in recent years. One potential reason is that a significant share of the increase in intangible investment is geared toward consumer...

Corporate profitability is a core issue of financial statement analysis and corporate finance. Economic profitability, deriving from positive marginality where revenues exceed costs, is considered in complementary ways.Return on equity (ROE), Return on investment (ROI), Return on sales (ROS) and...

This paper answers fundamental questions that have preoccupied modern economic thought since the 18th century. What is the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much? Is there a tendency for returns to fall in the...

Digital technologies offer new ways for companies to grow and be more productive. However, it is not completely clear how investments in new technologies impact productivity. This White Paper addresses that issue by analysing the business value impact of new technology investments and providing...

The paper develops an SROI (Social Return on Investment) analysis of four microfinance institutions (MFIs) located in Spain, Italy and Bosnia-Herzegovina. This work is part of the MeMI Project ("Measuring Microfinance Impact in the EU. Policy recommendations for Financial and Social Inclusion")...

Chapter 1: Introduction -- Chapter 2: Align Learning with Organization Mission Values -- Chapter 3: Structuring for Accountability -- Chapter 4: Management of Training -- Chapter 5: Planning for Learning -- Chapter 6: Is Training the Answer? Assessing Needs -- Chapter 7: Intended Learning...

Intro -- Title page -- Table of Contents -- Copyright -- Dedication -- Letter to the reader -- Foreword -- Preface -- Acknowledgements -- Introduction -- The real investor, a connoisseur of financial markets -- Investment and speculation -- Investment is a social and not an exact science -- The...

In this paper, we use firm-level data to investigate the link between the marginal product of capital and financial rates of return across countries. Computed estimates from financial statement data show that capital-scarce countries display higher marginal products of capital. However,...

As the cloud-based technologies gain more customers each day, the need for understanding the “economics of cloud” arises, together with the need for strategic measurement of different cloud or non-cloud-based infrastructure options. In such context, the option for the cloud technologies...

In Indonesia, a web-based business has become a natural thing, but investing using information technology are still rare. Without using a clear basis for calculation, the majority of businesses lay in Indonesia provides jugdement that the use of information technology in business is a...

Every company is commanded and managed based on the universal goal, to gain profits in continuous period of time. Such dynamic stimulates the academicians to develop researches on Return on Marketing Investment (ROMI) and its relation to marketing, particularly in producing values in...