Earticle

초록

영어

It is unclear to what extent accounting information can reduce capital risks related to the expected return on a firm’s stock, this is a nonlinear problem; meanwhile, PCA-BP method is suitable for nonlinear problem. This study evaluates accounting information' effect on listed companies' capital cost at Stock Exchange based on PCA-BP method. Results show that implementation of accounting information at listed companies can evaluate the cost of capital by the internal controls, the quality of the financial reports and the process of the company’s transactions. Our finding provides a direct link between the evaluation of a firm's accounting information and its cost of capital.

목차

Abstract
 1. Introduction
 2. The Evaluation System
 3. The Method
  3.1. The Principle of PCA Method
  3.2. The Principle of BP Method
 4. The Empirical Research
  4.1. Principal Component Analysis
  4.2. Network Training
  4.3. Network Testing
 5. Conclusions
 References

키워드

저자

• Xiaohong Peng [ Guangdong Polytechnic of Science and Trade, Guangzhou, China ]

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  International Journal of Hybrid Information Technology

• 간기

  격월간

• pISSN

  1738-9968

• 수록기간

  2008~2016

• 십진분류

  KDC 505 DDC 605