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Financial predictors of firms’ diversity scores: a machine learning approach   
Yazarlar (4)
Mehmet Ali Koseoglu
Metropolitan State University, United States
Doç. Dr. Hasan Evrim ARICI Doç. Dr. Hasan Evrim ARICI
Kastamonu Üniversitesi, Türkiye
Mehmet Bahri Saydam
Eastern Mediterranean University, Turkey
Victor Oluwafemi Olorunsola
Eastern Mediterranean University, Turkey
Devamını Göster
Özet
Purpose: Departing from previous studies, this paper aims to explore the predictive roles of financial indicators on diversity. Design/methodology/approach: Data on all companies that are publicly traded was acquired from the Refinitiv Eikon database. The final list, which comprises 873 worldwide business data from 2021, composed the dataset. We used fundamental forward selection techniques, multiple regression and best subset regression in R programming to look at the data and find the most critical factors. Findings: We found support for the predictive roles of financial indicators on total diversity score and its three components in global companies. In addition, bagging and random forest algorithms were able to find a predictor role of total liability on the diversity pillar score and inclusion score. In contrast, the people development score was best estimated by R. The boosted regression algorithm was also able to find evidence of the predictor role of total liability for people development and inclusion score but not for diversity pillar score. Originality/value: This study is one of the first to examine financial predictors of firms’ diversity scores using machine learning algorithms. The discussion section offers theoretical and practical implications and directions for further research.
Anahtar Kelimeler
Diversity score | Ensemble models | Financial indicators | Machine learning algorithms
Makale Türü Özgün Makale
Makale Alt Türü ESCI dergilerinde yayımlanan tam makale
Dergi Adı Equality, Diversity and Inclusion
Dergi ISSN 2040-7149
Makale Dili İngilizce
Basım Tarihi 01-2025
Sayı 1
Doi Numarası 10.1108/EDI-11-2023-0403
BM Sürdürülebilir Kalkınma Amaçları
Atıf Sayıları
Financial predictors of firms’ diversity scores: a machine learning approach

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