Supporting ordinal four-state classification decisions using neural networks

  title={Supporting ordinal four-state classification decisions using neural networks},
  author={Anurag Agarwal and Jefferson T. Davis and Terry Ward},
  journal={Information Technology and Management},
Many accounting and finance problems require ordinal multi-state classification decisions, (e.g., control risk, bond rating, financial distress, etc.), yet few decision support systems are available to aid decision makers in such tasks. In this study, we develop a Neural Network based decision support system (NN-DSS) to classify firms in four ordinal states of financial condition namely healthy, dividend reduction, debt default and bankrupt. The classification results of the NN-DSS model are… CONTINUE READING


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