New method builds business taxonomies from corporate reports.
problem Challenging to classify emerging market industries.
method Concept-level hierarchical clustering of annual reports.
result Automatic construction of business taxonomies.
Deep learning captures semantic structure of large documents.
problem Understanding complex, structured documents like scholarly articles and business reports.
method Deep learning-based document ontology to capture semantic structure and domain-specific concepts.
result The ontology enhances semantic indexing for better understanding by humans and machines.
The paper adds explanation to predictive process monitoring.
problem Equipping predictive business process monitoring with explanation capabilities.
method Used game theory of Shapley Values to obtain robust explanations.
result First time explanations given in predictive business process monitoring.
Typically, operational risk losses are reported above a threshold. Fitting data reported above a constant threshold is a well known and studied problem. However, in practice, the losses are scaled for business and other factors before the fitting and thus the threshold is varying across the scaled data sample. A report…
Prediction Factory automates predictive model development and evaluation.
problem Rapidly developing and sharing predictive models with domain experts.
method Data science automation system with three interfaces: baseline, full, and optional automation.
result Full automation interface generated reports funded 57.5% of the time, compared to 42.5% for baseline.
Paper proposes transparent insurance models for PBMs.
problem PBMs' opaque business models and hidden profits.
method Quantitative estimates of two models with fixed premiums and fee-for-service.
result Proposes transparent models with fixed premiums and fee-for-service.
The study detects deceptive language in business communication using AI.
problem Deceptive language in business communication.
method Combining classical rhetoric, communication psychology, and linguistic theory with computational textual analysis and transformer models.
result Detection accuracies of over 99% achieved in controlled settings.
Graph-based method predicts business conduct risk from incomplete data.
problem Sparse and biased data limits risk assessment.
method Visibility-aware GCNII framework on corporate graph.
result Graph-based approach outperforms non-graph methods in predicting future incidents.
Study examines cyber losses across sectors, finds high severity and frequency.
problem Understanding the nature of cyber losses and their variability across sectors.
method Analysis of a leading industry dataset of cyber events, focusing on frequency and severity.
result Cyber risks are heavy-tailed, with high probability of extreme losses.
For any business, planning is a continuous process, and typically business-owners focus on making both long-term planning aligned with a particular strategy as well as short-term planning that accommodates the dynamic market situations. An ability to perform an accurate financial forecast is crucial for effective plann…
Generative AI agents improve ERP systems by automating complex financial tasks.
problem Static, rule-based workflows limit adaptability and intelligence in ERP systems.
method Introducing Generative Business Process AI Agents (GBPAs) that integrate generative AI with business process modeling and multi-agent orchestration.
result GBPAs achieve up to 40% reduction in processing time and 94% drop in error rate.
System constructs public competitor graph from financial reports.
problem Time-consuming and expert-laden manual extraction of corporate relationships.
method Financial report processing to generate reliable knowledge graph of corporate relationships.
result More than 83% of S\&P 500 companies' competition relationships retrieved.
This report aims to improve trust in AI by explaining machine learning models.
problem Understanding and trusting automated decision-making systems.
method Survey and distillation of literature on explainable machine learning.
result Survey findings help practitioners understand and apply explainable methods.
We propose an indicator to measure the degree to which a particular news article is novel, as well as an indicator to measure the degree to which a particular news item attracts attention from investors. The novelty measure is obtained by comparing the extent to which a particular news article is similar to earlier new…
Labour productivity distribution (dispersion) is studied both theoretically and empirically. Superstatistics is presented as a natural theoretical framework for productivity. The demand index κ is proposed within this framework as a new business index. Japanese productivity data covering small-to-medium to large firm…
India runs the fourth largest railway transport network size carrying over 8 billion passengers per year. However, the travel experience of passengers is frequently marked by delays, i.e., late arrival of trains at stations, causing inconvenience. In a first, we study the systemic delays in train arrivals using n-order…
We introduce a solvable model of randomly growing systems consisting of many independent subunits. Scaling relations and growth rate distributions in the limit of infinite subunits are analysed theoretically. Various types of scaling properties and distributions reported for growth rates of complex systems in a variety…
Paper assesses risks of stablecoins, from lending to business-to-business.
problem Credit risks in decentralized stablecoin issuance.
method Examines mechanisms, risks, and mitigation strategies at each layer.
result Potential for scaling stablecoins while maintaining systemic health.
Study evaluates five LLMs for financial report analysis, revealing performance differences and variability.
problem Lack of understanding in reliability, consistency, and transparency of LLMs in financial analysis.
method Human evaluation, automated similarity metrics, and behavioral diagnostics applied to five transformer-based LLMs over U.S. 10-K filings.
result No single LLM consistently dominates across all evaluation perspectives, highlighting variability and need for interpretability.
Large corporate credit models may be adapted for small business risk assessment.
problem Limited data and lack of credit analysts for small businesses.
method Adapting large corporate credit risk models for small businesses.
result Adapted models can predict small business credit risk effectively.
Study shows credit expansion in mortgage markets influenced U.S. business cycle.
problem Lack of causal evidence in cross-country business cycle studies.
method Unique research design combining cross-metropolitan U.S. data.
result Credit expansion caused stronger booms and busts in house-related industries.
Business Architecture (BA) plays a significant role in helping organizations understand enterprise structures and processes, and align them with strategic objectives. However, traditional BAs are represented in fixed structure with static model elements and fail to dynamically capture business insights based on interna…
Study evaluates sustainability of European banks using a new model.
problem Lack of a framework to evaluate sustainability of banking business models.
method Delphi-Analytic Hierarchy Process method to develop and assess the model.
result Norwegian and German banks have higher sustainability of their business models.
Bayesian model uses mobile data to assess business resilience after hurricanes.
problem Evaluating economic impact of extreme shocks on businesses.
method Bayesian structural time series model with mobile phone data.
result Estimates business resilience after hurricanes, revealing key characteristics.
Modeling business expansion as a stochastic control problem, the study finds that firms are incentivized to expand but may wait.
problem Optimizing business expansion under exposure constraints and opportunity costs.
method Formulated as a novel stochastic control problem combined with optimal stopping time, derived an explicit solution for exponential utility.
result Firms are incentivized to expand but may wait due to opportunity costs and other factors.
The biggest problem with the methods of machine learning used today in business analytics is that they do not generalize well and often fail when applied to new data. One of the possible approaches to this problem is to enrich these methods (which are almost exclusively based on statistical algorithms) with some intrin…
Endogenous business cycles explain higher comovement across countries.
problem Standard models struggle to explain high comovement in business cycles across countries.
method Developed a demand-driven reduced-form model with strategic complementarities and international trade linkages.
result Combining endogenous business cycles with exogenous shocks matches empirical comovement levels.
Machine learning predicts US and EuroZone business cycles with high accuracy.
problem Predicting the business cycle phases in US and EuroZone.
method Three machine learning approaches were compared: Multinomial Logistic Regression (MLR) achieved the best results.
result MLR achieved 65.25% accuracy for EuroZone and 75% for US in predicting business cycle phases.
The analysis of the theoretical material revealed the lack of consensus on defini-tion of the tax stimulation of innovation-active business entities within the re-gional taxation. The definition tax stimulation of innovation-active business en-tities is specified.
Examines international taxation's impact on Georgian businesses.
problem Impact of international taxation on Georgian business entities.
method Analyzes types, features, and approaches of international taxation.
result Provides recommendations to correct current taxation issues.
CONDA-PM framework helps analyze concept drift in business processes.
problem Analyzing changes in business processes over time.
method Systematic Literature Review and framework development.
result Highlights areas needing research to complement existing efforts.
The study uses CoDa to analyze family business financial ratios, highlighting methodological issues.
problem Asymmetry, non-normality, and non-linearity in financial ratios of family businesses.
method Compositional data analysis (CoDa) and classical analysis strategies.
result Results are sensitive to the methodology used, emphasizing the need for appropriate methodologies.
Study examines how business units can benefit from group cohesion under regulatory constraints.
problem Regulatory constraints limit business units' ability to form a single cohesive group.
method Defined and analyzed cohesive risk measures to minimize capital costs.
result Cohesive risk measures allow groups to achieve minimal capital costs without altering individual liabilities.
This paper studies business cycle patterns in UK sectoral output. It analyzes the distinction between white noise processes and their non-white noise counterparts in the frequency domain and further examines the associated features and patterns for the process where white noise conditions are violated. The characterist…
Development of efficient business process models and determination of their characteristic properties are subject of intense interdisciplinary research. Here, we consider a business process model as a directed graph. Its nodes correspond to the units identified by the modeler and the link direction indicates the causal…
Research shows franchised fast food companies' stock prices decline more during recessions.
problem Impact of recession on franchised fast food companies' stock prices.
method Analyzed stock price data with Weibull distribution.
result Recessions have a more severe impact on franchised fast food companies' stock prices.
New approach optimizes sales process for B2B businesses.
problem Optimizing the sales process for B2B businesses.
method Causal Predictive Optimization and Generation with three layers: prediction, optimization, and serving.
result Significant wins over legacy systems in LinkedIn implementation.
The accurate characterization of the business cycles in the nonlinear dynamic financial and economic systems in the time of globalization represents a formidable research problem. The central banks and other financial institutions make their decisions on the minimum capital requirements, countercyclical capital buffer …
Business cycles affect startup valuations, both directly and indirectly.
problem How do business cycles impact startup valuations?
method Structural Equation Model approach using a dataset of 1,089 venture capital investments.
result Business cycles impact startup valuations both directly and indirectly.
New method detects business-relevant outliers in e-commerce conversion rates.
problem Identifying outliers in e-commerce conversion rate data.
method A novel unsupervised fluid IQR method that adjusts sensitivity based on platform activity.
result Fluid IQR method outperforms existing methods in business-relevance and robustness.
We propose a dynamical model for business cycle based on an optimal DI model. In the model there exists a conserved quantity, which corresponds to the total energy in a dynamical system. We found that the business cycle with the period 6 or 7 years is nicely reproduced, since the model predicts a periodic motion in the…
Framework uses deep learning to analyze large documents and identify their logical structure.
problem Analyzing large, multi-themed documents with diverse topics.
method Deep learning techniques to model and extract logical and semantic structure.
result Framework effectively identifies and classifies different sections of documents.
The Prescriptive Canvas improves business outcomes by directly prescribing actions based on predictions.
problem Sub-optimal performance in business projects due to a two-step approach of prediction and decision-making.
method The Prescriptive Canvas methodology for framing and communicating actions directly based on predictions.
result Improves framing and communication across stakeholders for successful business impact.
The paper explores how innovative financing solutions boost Moroccan businesses' performance.
problem Market volatility, ecological transitions, and technological change pose challenges to business sustainability.
method Examines innovative financing solutions like venture capital, green finance, crowdfunding, and blockchain.
result Embracing innovative financial strategies can transform business challenges into opportunities.
Private business schools in India face a common problem of selecting quality students for their MBA programs to achieve the desired placement percentage. Generally, such data sets are biased towards one class, i.e., imbalanced in nature. And learning from the imbalanced dataset is a difficult proposition. This paper pr…
We have created a framework for analyzing subscription based businesses in terms of a unified metric which we call SCV (single customer value). The major advance in this paper is to model customer churn as an exponential decay variable, which directly follows from experimental data relating to subscription based busine…
This paper introduces TDA and TSI for better business analytics.
problem Nonlinear, multi-scale business datasets under-represented by traditional tools.
method Topological Data Analysis (TDA) and Topological Stability Index (TSI).
result TSI reveals structural variability in business data.
A microscopic model of aggregation and fragmentation is introduced to investigate the size distribution of businesses. In the model, businesses are constrained to comply with the market price, as expected by the customers, while customers can only buy at the prices offered by the businesses. We show numerically and ana…