Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
A Study of Integrating Support-Vector-Machine (SVM) Model and Market-based Model in Predicting Taiwan Construction Contractor Default
Abstract The construction industry is a high debt ratio, high operating risk and high financial leverage business. The financial instability causes a chain reaction among funds transferred among companies, therefore restricting competitiveness within the industry. The industry’s character and accounting principles of firm-years are different from that of other industries. Creating a hypothetical model of a financial crisis within the construction industry is therefore necessary. Application of this model to real scenarios involving relevant parties can help to forecast a financial crisis in the future. This study applied the market-based model, accounting-based model, hybrid models to predict a financial crisis. These models were then compared to find which can best predict a company that will default. Also, in this paper choosing variables for the Hybrid and Accounting-based models can promote their performance. Finally, the best can be selected for predicting stability.
A Study of Integrating Support-Vector-Machine (SVM) Model and Market-based Model in Predicting Taiwan Construction Contractor Default
Abstract The construction industry is a high debt ratio, high operating risk and high financial leverage business. The financial instability causes a chain reaction among funds transferred among companies, therefore restricting competitiveness within the industry. The industry’s character and accounting principles of firm-years are different from that of other industries. Creating a hypothetical model of a financial crisis within the construction industry is therefore necessary. Application of this model to real scenarios involving relevant parties can help to forecast a financial crisis in the future. This study applied the market-based model, accounting-based model, hybrid models to predict a financial crisis. These models were then compared to find which can best predict a company that will default. Also, in this paper choosing variables for the Hybrid and Accounting-based models can promote their performance. Finally, the best can be selected for predicting stability.
A Study of Integrating Support-Vector-Machine (SVM) Model and Market-based Model in Predicting Taiwan Construction Contractor Default
Huang, Han-Tang (Autor:in) / Tserng, Hui-Ping (Autor:in)
KSCE Journal of Civil Engineering ; 22 ; 4750-4759
18.10.2018
10 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
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