Browsing by Author "Ausloo, Marcel"

Now showing 1 - 1 of 1
  • Thumbnail Image
    ItemEmbargo
    Benford's law first significant digit and distribution distances for testing the reliability of finanical reports in developing countries
    (Elsevier, 2017-11-24) Zhu, Tingting; Shi, Jing; Ausloo, Marcel
    Wediscuss a common suspicion about reported financial data, in 10 industrial sectors of the 6 so called ‘‘main developing countries’’ over the time interval [2000–2014]. These data are examined through Benford’s law first significant digit and through distribution distances tests. It is shown that several visually anomalous data have to be a priori removed. Thereafter, the distributions much better follow the first digit significant law, indicating the usefulness of a Benford’s law test from the research starting line. The same holds true for distance tests. A few outliers are pointed out.