Applying the theory of chaos and a complex model of health to establish relations among financial indicators

They were applied the chaos theory and a complex model of health to determine relationships among aggregate indicators of financial statements. Cash flow, profit and loss, and assets of 70 companies in the sector of crude oil mining and natural gas in Colombia, were analyzed. Natural logs and Lorenz...

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Autor Principal: Juárez, Fernando
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: 2011
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/21886
https://doi.org/10.1016/j.procs.2010.12.161
id ir-10336-21886
recordtype dspace
spelling ir-10336-218862020-05-13T19:49:31Z Applying the theory of chaos and a complex model of health to establish relations among financial indicators Juárez, Fernando Administración general Economía financiera Ciencias médicas, Medicina Chaos theory Health Complexity Ffinancial statements They were applied the chaos theory and a complex model of health to determine relationships among aggregate indicators of financial statements. Cash flow, profit and loss, and assets of 70 companies in the sector of crude oil mining and natural gas in Colombia, were analyzed. Natural logs and Lorenz equation were applied to transform cash flow, profit and loss, and assets, resulting in an explained variance of 73% in the linear regression among the new complex indicators. The explained variance without transformations was 6%. However, these transformations make it more difficult to interpret the financial indicators. © 2010 Published by Elsevier Ltd. 2011 2020-05-07T09:38:28Z info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion 1877-0509 https://repository.urosario.edu.co/handle/10336/21886 https://doi.org/10.1016/j.procs.2010.12.161 eng info:eu-repo/semantics/openAccess application/pdf
institution EdocUR - Universidad del Rosario
collection DSpace
language Inglés (English)
topic Administración general
Economía financiera
Ciencias médicas, Medicina
Chaos theory
Health
Complexity
Ffinancial statements
spellingShingle Administración general
Economía financiera
Ciencias médicas, Medicina
Chaos theory
Health
Complexity
Ffinancial statements
Juárez, Fernando
Applying the theory of chaos and a complex model of health to establish relations among financial indicators
description They were applied the chaos theory and a complex model of health to determine relationships among aggregate indicators of financial statements. Cash flow, profit and loss, and assets of 70 companies in the sector of crude oil mining and natural gas in Colombia, were analyzed. Natural logs and Lorenz equation were applied to transform cash flow, profit and loss, and assets, resulting in an explained variance of 73% in the linear regression among the new complex indicators. The explained variance without transformations was 6%. However, these transformations make it more difficult to interpret the financial indicators. © 2010 Published by Elsevier Ltd.
format Artículo (Article)
author Juárez, Fernando
author_facet Juárez, Fernando
author_sort Juárez, Fernando
title Applying the theory of chaos and a complex model of health to establish relations among financial indicators
title_short Applying the theory of chaos and a complex model of health to establish relations among financial indicators
title_full Applying the theory of chaos and a complex model of health to establish relations among financial indicators
title_fullStr Applying the theory of chaos and a complex model of health to establish relations among financial indicators
title_full_unstemmed Applying the theory of chaos and a complex model of health to establish relations among financial indicators
title_sort applying the theory of chaos and a complex model of health to establish relations among financial indicators
publishDate 2011
url https://repository.urosario.edu.co/handle/10336/21886
https://doi.org/10.1016/j.procs.2010.12.161
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