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Entropy Economic Model of the Company.

Authors :
Nadykto, A.
Uvarova, L.
Zelensky, A.
Pivkin, P.
Lima, P.
Aleksic, N.
Egiazarian, K.
Jiang, X.
Ryzhkova, Tatyana V.
Source :
EPJ Web of Conferences; 12/9/2019, Vol. 224, p1-4, 4p
Publication Year :
2019

Abstract

The article discusses the entropy approach to the analysis of corporate financial system on the basis of the financial coefficients and market share price rates. The uncertainty of the corporate financial attractiveness is assessed using the entropy indicator of a random vector. Financial indicators such as Liquidity Financial Ratios, Operating Financial Ratios, Leverage Financial Ratios, Profitability Financial Ratios and Market Ratios serve here as vector components. Discrete entropy models of random vectors as well as differential entropy models for continuous probability distributions were used. It is shown that special probability distributions, approximately coinciding with the basic statistical ones for the first two moments, set the boundary of the maximum differential entropy. The entropy indicators were calculated based on the probability and entropy measures. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
21016275
Volume :
224
Database :
Complementary Index
Journal :
EPJ Web of Conferences
Publication Type :
Conference
Accession number :
141253916
Full Text :
https://doi.org/10.1051/epjconf/201922406007