haku: @indexterm DISTRIBUTION COSTS / yhteensä: 71
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| Tekijä: | |
| Otsikko: | Financial ratio distribution irregularities: Implications for ratio classification |
| Lehti: | European Journal of Operational Research
1995 : JAN 5, VOL. 80:1, p. 34-44 |
| Asiasana: | DISTRIBUTION COSTS BUSINESS RATIOS FINANCE |
| Kieli: | eng |
| Tiivistelmä: | This paper incorporates studies investigating the distributional characteristics of financial ratios to studies related to empirical classification of financial ratios. Even though the distributional properties of financial ratios have received some attention in prior research, the implications of observed results for financial decision making have not been researched in detail. The empirical analysis of this study is carried out for 10 ratios on Finnish listed firms. The results reveal that the obsreved distribution irregularities have a significant impact on the results obtained from the empirical classification of financial ratios. A large part of the time-series instability of financial ratio patterns is caused by financial ratio distribution irregularities. |
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