Empirical analysis of fractional differential equations model for relationship between enterprise management and financial performance

Wangrong Ma, Maozhu Jin, Yifeng Liu and Xiaobo Xu

Chaos, Solitons & Fractals, 2019, vol. 125, issue C, 17-23

Abstract: With the development of science and technology, people also find that fractional-order models are more accurate than integer-order models in describing some phenomena and reflecting some properties of objects when studying practical problems. Since the fractional derivative is a quasi-differential operator, its memory-preserving non-locality, while beautifully portraying the real problem, also brings considerable difficulties to theoretical analysis and numerical calculation. This paper analyses the relationship between enterprise management and financial performance, analyses the mean and heterogeneity of the characteristics of enterprise management team, mathematically models its relationship, constructs fractional differential equations, and tests it through empirical research. The influence of the characteristics of enterprise management age, international experience, education level, team size and government background on the financial performance of the company.

Keywords: Empirical analysis; Fractional differential equations model; Enterprise management; Financial performance (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:eee:chsofr:v:125:y:2019:i:c:p:17-23

DOI: 10.1016/j.chaos.2019.05.009

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