{"id":"https://openalex.org/W2032057586","doi":"https://doi.org/10.1057/palgrave.jors.2601475","title":"Financial statement analysis: A data envelopment analysis approach","display_name":"Financial statement analysis: A data envelopment analysis approach","publication_year":2003,"publication_date":"2003-01-01","ids":{"openalex":"https://openalex.org/W2032057586","doi":"https://doi.org/10.1057/palgrave.jors.2601475","mag":"2032057586"},"language":"en","primary_location":{"id":"doi:10.1057/palgrave.jors.2601475","is_oa":false,"landing_page_url":"https://doi.org/10.1057/palgrave.jors.2601475","pdf_url":null,"source":{"id":"https://openalex.org/S169988927","display_name":"Journal of the Operational Research Society","issn_l":"0160-5682","issn":["0160-5682","1476-9360"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319703","host_organization_name":"Palgrave Macmillan","host_organization_lineage":["https://openalex.org/P4310319703","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Palgrave Macmillan","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of the Operational Research Society","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5067179229","display_name":"Ehsan H. Feroz","orcid":"https://orcid.org/0000-0002-4849-4092"},"institutions":[{"id":"https://openalex.org/I130238516","display_name":"University of Minnesota","ror":"https://ror.org/017zqws13","country_code":"US","type":"education","lineage":["https://openalex.org/I130238516"]},{"id":"https://openalex.org/I4210115145","display_name":"University of Minnesota, Duluth","ror":"https://ror.org/01hy4qx27","country_code":"US","type":"education","lineage":["https://openalex.org/I4210115145"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"E H Feroz","raw_affiliation_strings":["University of Minnesota Duluth MN USA","University of\u00a0Minnesota"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Minnesota Duluth MN USA","institution_ids":["https://openalex.org/I4210115145"]},{"raw_affiliation_string":"University of\u00a0Minnesota","institution_ids":["https://openalex.org/I130238516"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100340031","display_name":"Sungsoo Kim","orcid":"https://orcid.org/0000-0002-7425-1553"},"institutions":[{"id":"https://openalex.org/I102322142","display_name":"Rutgers, The State University of New Jersey","ror":"https://ror.org/05vt9qd57","country_code":"US","type":"education","lineage":["https://openalex.org/I102322142"]},{"id":"https://openalex.org/I4210096112","display_name":"Rutgers Sexual and Reproductive Health and Rights","ror":"https://ror.org/00rcvgx40","country_code":"NL","type":"other","lineage":["https://openalex.org/I4210096112"]},{"id":"https://openalex.org/I4210115145","display_name":"University of Minnesota, Duluth","ror":"https://ror.org/01hy4qx27","country_code":"US","type":"education","lineage":["https://openalex.org/I4210115145"]},{"id":"https://openalex.org/I79891267","display_name":"Singapore Management University","ror":"https://ror.org/050qmg959","country_code":"SG","type":"education","lineage":["https://openalex.org/I79891267"]}],"countries":["NL","SG","US"],"is_corresponding":false,"raw_author_name":"S Kim","raw_affiliation_strings":["Rutgers University Camden NJ USA","Singapore Management University Singapore","University of Minnesota Duluth","Rutgers Business School - Camden"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Rutgers University Camden NJ USA","institution_ids":["https://openalex.org/I102322142"]},{"raw_affiliation_string":"Singapore Management University Singapore","institution_ids":["https://openalex.org/I79891267"]},{"raw_affiliation_string":"University of Minnesota Duluth","institution_ids":["https://openalex.org/I4210115145"]},{"raw_affiliation_string":"Rutgers Business School - Camden","institution_ids":["https://openalex.org/I4210096112"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5112044129","display_name":"Raymond L. Raab","orcid":null},"institutions":[{"id":"https://openalex.org/I4210115145","display_name":"University of Minnesota, Duluth","ror":"https://ror.org/01hy4qx27","country_code":"US","type":"education","lineage":["https://openalex.org/I4210115145"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"R L Raab","raw_affiliation_strings":["University of Minnesota Duluth MN USA","University of Minnesota - Duluth - Labovitz School of Business and Economics (LSBE)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Minnesota Duluth MN USA","institution_ids":["https://openalex.org/I4210115145"]},{"raw_affiliation_string":"University of Minnesota - Duluth - Labovitz School of Business and Economics (LSBE)","institution_ids":["https://openalex.org/I4210115145"]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":5,"corresponding_author_ids":["https://openalex.org/A5067179229"],"corresponding_institution_ids":["https://openalex.org/I130238516","https://openalex.org/I4210115145"],"apc_list":null,"apc_paid":null,"fwci":0.4185,"has_fulltext":false,"cited_by_count":23,"citation_normalized_percentile":{"value":0.68126839,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"54","issue":"1","first_page":"48","last_page":"58"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10357","display_name":"Efficiency Analysis Using DEA","score":0.9545999765396118,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10357","display_name":"Efficiency Analysis Using DEA","score":0.9545999765396118,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/data-envelopment-analysis","display_name":"Data envelopment analysis","score":0.8899117708206177},{"id":"https://openalex.org/keywords/financial-ratio","display_name":"Financial ratio","score":0.6674186587333679},{"id":"https://openalex.org/keywords/measure","display_name":"Measure (data warehouse)","score":0.572439432144165},{"id":"https://openalex.org/keywords/null","display_name":"Null (SQL)","score":0.5149469971656799},{"id":"https://openalex.org/keywords/order","display_name":"Order (exchange)","score":0.5033783316612244},{"id":"https://openalex.org/keywords/complement","display_name":"Complement (music)","score":0.48962050676345825},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.4711538553237915},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3962401747703552},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.3902071416378021},{"id":"https://openalex.org/keywords/accounting","display_name":"Accounting","score":0.36750566959381104},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.214928537607193},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.1937914490699768},{"id":"https://openalex.org/keywords/data-mining","display_name":"Data mining","score":0.1839466691017151},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.1760372817516327}],"concepts":[{"id":"https://openalex.org/C22088475","wikidata":"https://www.wikidata.org/wiki/Q647974","display_name":"Data envelopment analysis","level":2,"score":0.8899117708206177},{"id":"https://openalex.org/C98014903","wikidata":"https://www.wikidata.org/wiki/Q832161","display_name":"Financial ratio","level":2,"score":0.6674186587333679},{"id":"https://openalex.org/C2780009758","wikidata":"https://www.wikidata.org/wiki/Q6804172","display_name":"Measure (data warehouse)","level":2,"score":0.572439432144165},{"id":"https://openalex.org/C203763787","wikidata":"https://www.wikidata.org/wiki/Q371029","display_name":"Null (SQL)","level":2,"score":0.5149469971656799},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.5033783316612244},{"id":"https://openalex.org/C112313634","wikidata":"https://www.wikidata.org/wiki/Q7886648","display_name":"Complement (music)","level":5,"score":0.48962050676345825},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4711538553237915},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3962401747703552},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.3902071416378021},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.36750566959381104},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.214928537607193},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1937914490699768},{"id":"https://openalex.org/C124101348","wikidata":"https://www.wikidata.org/wiki/Q172491","display_name":"Data mining","level":1,"score":0.1839466691017151},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.1760372817516327},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C127716648","wikidata":"https://www.wikidata.org/wiki/Q104053","display_name":"Phenotype","level":3,"score":0.0},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0},{"id":"https://openalex.org/C188082640","wikidata":"https://www.wikidata.org/wiki/Q1780899","display_name":"Complementation","level":4,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1057/palgrave.jors.2601475","is_oa":false,"landing_page_url":"https://doi.org/10.1057/palgrave.jors.2601475","pdf_url":null,"source":{"id":"https://openalex.org/S169988927","display_name":"Journal of the Operational Research Society","issn_l":"0160-5682","issn":["0160-5682","1476-9360"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319703","host_organization_name":"Palgrave Macmillan","host_organization_lineage":["https://openalex.org/P4310319703","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Palgrave Macmillan","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of the Operational Research Society","raw_type":"journal-article"},{"id":"pmh:oai:digitalcommons.tacoma.uw.edu:business_pub-1155","is_oa":false,"landing_page_url":"https://digitalcommons.tacoma.uw.edu/business_pub/156","pdf_url":null,"source":{"id":"https://openalex.org/S4306400628","display_name":"University of Washington Tacoma Digital Commons (University of Washington Tacoma)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I4210150356","host_organization_name":"University of Washington Tacoma","host_organization_lineage":["https://openalex.org/I4210150356"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Business Publications","raw_type":"text"},{"id":"pmh:oai:RePEc:pal:jorsoc:v:54:y:2003:i:1:d:10.1057_palgrave.jors.2601475","is_oa":false,"landing_page_url":"http://link.springer.com/10.1057/palgrave.jors.2601475","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"mag:2032057586","is_oa":false,"landing_page_url":null,"pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":null,"raw_source_name":null,"raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/9","display_name":"Industry, innovation and infrastructure","score":0.4300000071525574}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":6,"referenced_works":["https://openalex.org/W2015930340","https://openalex.org/W2034151188","https://openalex.org/W2054644951","https://openalex.org/W2088756387","https://openalex.org/W2162180338","https://openalex.org/W2334501456"],"related_works":["https://openalex.org/W155327113","https://openalex.org/W2061710776","https://openalex.org/W2381897158","https://openalex.org/W2734239959","https://openalex.org/W3122623825","https://openalex.org/W2099232389","https://openalex.org/W2393995764","https://openalex.org/W2480424233","https://openalex.org/W2516169569","https://openalex.org/W2012673321","https://openalex.org/W2794215743","https://openalex.org/W2108877544","https://openalex.org/W2136411531","https://openalex.org/W2770562122","https://openalex.org/W2353005106","https://openalex.org/W3136576079","https://openalex.org/W2063182348","https://openalex.org/W2137746863","https://openalex.org/W3123357925","https://openalex.org/W3017315331"],"abstract_inverted_index":{"Ratio":[0],"analysis":[1,43],"is":[2,30,44,53,109,140],"a":[3,13,69,89,100,123,168],"commonly":[4],"used":[5],"analytical":[6],"tool":[7],"for":[8],"verifying":[9],"the":[10,48,54,65,82,104,128,154],"performance":[11,67,121],"of":[12,50,68,94,99,120,122],"firm.":[14,101,124],"While":[15],"ratios":[16,37,60,117],"are":[17],"easy":[18],"to":[19,63,137,142,153,159,170],"compute,":[20],"which":[21],"in":[22,61],"part":[23],"explains":[24],"their":[25,28],"wide":[26],"appeal,":[27],"interpretation":[29],"problematic,":[31],"especially":[32],"when":[33],"two":[34],"or":[35,96],"more":[36],"provide":[38,88,135],"conflicting":[39],"signals.":[40],"Indeed,":[41],"ratio":[42,84,147,171],"often":[45],"criticized":[46],"on":[47],"grounds":[49],"subjectivity,":[51],"that":[52,75,107,132,139,143],"analyst":[55],"must":[56],"pick":[57],"and":[58,91,114,156],"choose":[59],"order":[62],"assess":[64],"overall":[66],"firm.In":[70],"this":[71],"paper":[72],"we":[73],"demonstrate":[74,160],"Data":[76],"Envelopment":[77],"Analysis":[78],"(DEA)":[79],"can":[80,87,134,164],"augment":[81],"traditional":[83,115,146],"analysis.":[85,148,172],"DEA":[86,113,133,152,166],"consistent":[90],"reliable":[92],"measure":[93],"managerial":[95],"operational":[97],"efficiency":[98],"We":[102,149],"test":[103],"null":[105,129],"hypothesis":[106,130],"there":[108],"no":[110],"relationship":[111],"between":[112],"accounting":[116],"as":[118,167],"measures":[119],"Our":[125],"results":[126],"reject":[127],"indicating":[131],"information":[136],"analysts":[138,163],"additional":[141],"provided":[144],"by":[145],"also":[150],"apply":[151],"oil":[155],"gas":[157],"industry":[158],"how":[161],"financial":[162],"employ":[165],"complement":[169]},"counts_by_year":[{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":6},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":3},{"year":2012,"cited_by_count":3}],"updated_date":"2026-08-12T07:12:00.856984","created_date":"2025-10-10T00:00:00"}