経営分析の新しい視点
スポンサーリンク
概要
- 論文の詳細を見る
The basic commonly used method of management analysis is called the ratio method. In the ratio method, financial indices are determined by arthmetically processing numerical values for various items of a financial statement. Thus, the constitution of the company can be evaluated and comparison can also be made with mean values for the industry. The ratio method, however, is not necessarily sufficient for identifying keys to success of a company. For approximately one century, the ratio of return on total assets, which represents investment efficiency, has been used as a scale for determining corporate success. The duPont System, which was invented by Alfred Slone, was the traditional method employed to identify indices that are effective in innproving the ratio of return on total assets. In the duPont System, a clue to improvement is pursued by interrelating the ratio of return on total assets with various other financial indices through financial manipulation of accounts. However, now it is possible to launch new methodologies for achieving the same purpose. In this report, data from 1,050 major companies over a 15 year period from 1981 to 1995 were applied to some of these new methdologies, including dialog-style statistical analysis and a method to which a neural network is applied, and the results of the verification studies were analyzed. The results indicated that indice for creation of new value are important in pursuing the path for applying new methodologies.
- 帝京短期大学の論文
- 1999-04-26