22 documents found, page 1 of 3
Improved methods for identifying the operational determinants of a bank’s capit...
Vong, A. P. I.; Trigueiros, D.Published research using econometric models to identify the determinants of bank capital ratios has produced inconsistent results. This is partly due to the failure of model formulations to distinguish between operational and managerial effects. This paper explains how the use of bank leverage can separate these effects, how to prevent financial ratios from undermining model interpretability, and how to identif...
The detection of misstated financial reports using XBRL mining and intelligible...
Trigueiros, D.Considerable effort has been devoted to the development of integrated software to assist in the detection of financial misstatements. Despite this, the use of such tools has been sparse due to the opacity of the resulting output and the complicated task of importing the financial data they require. This article presents a conceptual framework for modelling financial statements that leads to significantly improv...
Improving the effectiveness of predictors in accounting-based models
Trigueiros, D.Financial ratios are routinely used as predictors in modelling tasks where accounting information is required. The purpose of this paper is to discuss such use, showing how to improve the effectiveness of ratio-based models. First, the paper exposes the inadequacies of ratios when used as multivariate predictors and then develops a theoretical foundation and methodology to build accounting-based models. From pl...
Analyzing customer profitability in hotels using activity based costing
Farias, A. R.; Ferreira, L.; Trigueiros, D.This paper investigates the use of customer profitability analysis (CPA) in four and five star hotels located in Algarve (Portugal). Traditional accounting systems have been criticized for focusing on product, service or department profitability, and not on customer profitability, thus failing to provide effective information to marketing-related decisions. Results are reported by operating departments, whilst ...
Discovering the optimal set of ratios to use in accounting-based models
Trigueiros, D.; Sam, C.Ratios are the prime tool of financial analysis. In predictive modelling tasks, however, the use of ratios raises difficulties, the most obvious being that, in a multivariate setting, there is no guarantee that the collection of ratios eventually selected as predictors will be optimal in any sense. Using, as starting-point, a formal characterisation of cross-sectional accounting numbers, the paper shows how the...
Evidence on the effect of Claw-Back provisions on IPO share allocation and unde...
Vong, A. P. I.; Trigueiros, D.The article examines share allocation practices of over 300 initial public offerings (IPOs) in Hong Kong during the years immediately following the enacting of a ‘Claw-Back’ provision for IPO share reallocation. The examination of exhaustive micro-level data reveals that small (uninformed, retail) investors earn higher initial returns than large investors. Before the enacting of the ‘Claw-Back’ provision, small...
A software application to streamline and enhance the detection of fraud in publ...
Trigueiros, D.; Sam, C.Considerable effort has been devoted to the development of software to support the detection of fraud in published financial statements of companies. Until the present date, however, the applied use of such research has been extremely limited due to the “black box” character of the existing solutions and the cumbersome input task they require. The application described in this paper solves both problems while s...
A text mining-based review of cause-related marketing literature
Guerreiro, J.; Rita, P.; Trigueiros, D.Cause-related marketing (C-RM) has risen to become a popular strategy to increase business value through profit-motivated giving. Despite the growing number of articles published in the last decade, no comprehensive analysis of the most discussed constructs of cause-related marketing is available. This paper uses an advanced Text Mining methodology (a Bayesian contextual analysis algorithm known as Correlated T...
Attention, emotions and cause-related marketing effectiveness
Guerreiro, J.; Rita, P.; Trigueiros, D.Purpose – The purpose of this study is to explain how cognitive and emotional responses may influence decisions to purchase cause-related products. Design/methodology/approach – An experimental design clarifies how autonomic reactions determine altruistic choices in a simulated shopping environment. Eye-tracking and electrodermal response measurements were set to predict choices of hedonic vs utilitarian cause-...
A utilização do Uniform System of Accounting for the Lodging Industry (USALI) e...
Farias, A.; Trigueiros, D.; Ferreira, L. F.Este estudo tem por objetivo caracterizar o Uniform System of Accounts for the Lodging Industry (USALI) e analisar a sua utilização nos hotéis em Portugal, tendo por base uma amostra constituída por unidades de quatro e cinco estrelas do Algarve, a principal região turística portuguesa. Com origem nos EUA, o sistema uniforme, editado pela primeira vez em 1926 e atualmente na 11.ª edição, é a norma contabilístic...