The Beneish model was designed by M. Daniel Beneish to quantify eight variables that can indicate that a company is misrepresenting its profits. Here’s how it works.

The project-management model is an exercise tool designed to facilitate proper coordination and success of a certain project in an organization, business or at home. It involves the planning, ...

The SMCR model represents the process and phenomenon of communication. The acronym stands for source, message, channel and receiver, and this theory lays out the different components that form the net ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The first step in model-building is to note some simple observable patterns and to establish their degree of empirical generalisation. The second step is to integrate different empirical relationships ...