Title: Evaluating corporate performance within the frame of the expert systems technology

Authors: Panagiotis Xidonas, Emmanouil Ergazakis, Kostas Ergazakis, Kostas Metaxiotis, John Psarras

Addresses: Management and Decision Support Systems Laboratory, School of Electrical and Computer Engineering, National Technical University of Athens, 9, Heroon Polytechneiou Str., 15780, Athens, Greece. ' Management and Decision Support Systems Laboratory, School of Electrical and Computer Engineering, National Technical University of Athens, 9, Heroon Polytechneiou Str., 15780, Athens, Greece. ' Management and Decision Support Systems Laboratory, School of Electrical and Computer Engineering, National Technical University of Athens, 9, Heroon Polytechneiou Str., 15780, Athens, Greece. ' University of Piraeus, 80, Karaoli and Dimitriou Str., 18534, Piraeus, Greece. ' Management and Decision Support Systems Laboratory, School of Electrical and Computer Engineering, National Technical University of Athens, 9, Heroon Polytechneiou Str., 15780, Athens, Greece

Abstract: An expert systems methodology is presented in this article for supporting decisions that concern the evaluation of the overall corporate performance of firms, on the basis of financial analysis. The advantage of the methodology is that it provides no uniform evaluation of firms, but specialised evaluations per industry, since the firms that participate in the evaluation process are categorized in classes, with respect to their corresponding industry. In this way the major issues of time trend and competition between rival firms is achieved to be fully taken into consideration. Finally, the validity of the proposed methodology is tested through an illustrative application.

Keywords: expert systems; production rules; corporate performance; performance evaluation; financial analysis; decision support; firm performance.

DOI: 10.1504/IJDMMM.2009.027286

International Journal of Data Mining, Modelling and Management, 2009 Vol.1 No.3, pp.261 - 290

Published online: 19 Jul 2009 *

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