Benford’s law first significant digit and distribution distances for testing the reliability of financial reports in developing countries

Jing Shi, Marcel Ausloos and Tingting Zhu

Physica A: Statistical Mechanics and its Applications, 2018, vol. 492, issue C, 878-888

Abstract: We discuss 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.

Keywords: Benford’s law (BL); Outliers; Distributions distance to BL (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (13)

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Working Paper: Benford's law first significant digit and distribution distances for testing the reliability of financial reports in developing countries (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:492:y:2018:i:c:p:878-888

DOI: 10.1016/j.physa.2017.11.017

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