An Application of X-score Model to Analyse Factors Affecting Financial Risk of Medical Companies Listed on Vietnam Stock Market
Bibliographic record
Abstract
This article analyses the factors affecting the company's financial risk measured by X-score model (Zmijewski, 1984), using data during 2016 and 2020 from 21 medical enterprises listed on the stock market of Vietnam.The study focuses on designing research hypotheses, using descriptive statistics analysis and applying regression models between the company's financial risk and the independent variables.After determining the appropriate model to examine the determinants of company's financial risk, the necessary tests to detect Multicollinearity, Autocorrelation, and Heteroskedasticity problems are performed.The analysis results show that listed medical companies has a negative relationship with company's profitability, asset's structure, efficiency and company's age.From the research findings, the study provides recommendations for medical companies listed on Vietnam stock market to efficiently manage the company's financial risk.
Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.
How this classification was reachedexpand
Full frame machine prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.
Distilled classifier scores by category (both heads)
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.002 | 0.005 |
| Meta-epidemiology (narrow) | 0.001 | 0.000 |
| Meta-epidemiology (broad) | 0.000 | 0.001 |
| Bibliometrics | 0.002 | 0.001 |
| Science and technology studies | 0.000 | 0.000 |
| Scholarly communication | 0.001 | 0.001 |
| Open science | 0.001 | 0.001 |
| Research integrity | 0.000 | 0.001 |
| Insufficient payload (model declined to judge) | 0.003 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".