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This study aims to compare machine learning models, datasets and splitting training-testing using data mining methods to detect financial statement fraud.

This study uses a quantitative approach from secondary data on the financial reports of companies listed on the Indonesia Stock Exchange in the last ten years, from 2010 to 2019. Research variables use financial and non-financial variables. Indicators of financial statement fraud are determined based on notes or sanctions from regulators and financial statement restatements with special supervision.

The findings show that the Extremely Randomized Trees (ERT) model performs better than other machine learning models. The best original-sampling dataset compared to other dataset treatments. Training testing splitting 80:10 is the best compared to other training-testing splitting treatments. So the ERT model with an original-sampling dataset and 80:10 training-testing splitting are the most appropriate for detecting future financial statement fraud.

This study can be used by regulators, investors, stakeholders and financial crime experts to add insight into better methods of detecting financial statement fraud.

This study proposes a machine learning model that has not been discussed in previous studies and performs comparisons to obtain the best financial statement fraud detection results. Practitioners and academics can use findings for further research development.

The study is aimed to compare the prediction success of basic machine learning and ensemble machine learning models and accordingly create novel prediction models by combining machine learning models to increase the prediction success in construction labor productivity prediction models.

Categorical and numerical data used in prediction models in many studies in the literature for the prediction of construction labor productivity were made ready for analysis by preprocessing. The Python programming language was used to develop machine learning models. As a result of many variation trials, the models were combined and the proposed novel voting and stacking meta-ensemble machine learning models were constituted. Finally, the models were compared to Target and Taylor diagram.

Meta-ensemble models have been developed for labor productivity prediction by combining machine learning models. Voting ensemble by combining et, gbm, xgboost, lightgbm, catboost and mlp models and stacking ensemble by combining et, gbm, xgboost, catboost and mlp models were created and finally the Et model as meta-learner was selected. Considering the prediction success, it has been determined that the voting and stacking meta-ensemble algorithms have higher prediction success than other machine learning algorithms. Model evaluation metrics, namely MAE, MSE, RMSE and R², were selected to measure the prediction success. For the voting meta-ensemble algorithm, the values of the model evaluation metrics MAE, MSE, RMSE and R² are 0.0499, 0.0045, 0.0671 and 0.7886, respectively. For the stacking meta-ensemble algorithm, the values of the model evaluation metrics MAE, MSE, RMSE and R² are 0.0469, 0.0043, 0.0658 and 0.7967, respectively.

The study shows the comparison between machine learning algorithms and created novel meta-ensemble machine learning algorithms to predict the labor productivity of construction formwork activity. The practitioners and project planners can use this model as reliable and accurate tool for predicting the labor productivity of construction formwork activity prior to construction planning.

The study provides insight into the application of ensemble machine learning algorithms in predicting construction labor productivity. Additionally, novel meta-ensemble algorithms have been used and proposed. Therefore, it is hoped that predicting the labor productivity of construction formwork activity with high accuracy will make a great contribution to construction project management.

This study aims to examine the impact of board characteristics on firm performance while also exploring the influential mechanisms that help Chinese listed companies establish effective boards of directors and strengthen their corporate governance mechanisms.

This paper uses machine learning methods to investigate the predictive ability of the board of directors' characteristics on firm performance based on the data from Chinese A-share listed companies on the Shanghai and Shenzhen stock exchanges in China during 2008–2021. This study further analyzes board characteristics with relatively strong predictive ability and their predictive models on firm performance.

The results show that nonlinear machine learning methods are more effective than traditional linear models in analyzing the impact of board characteristics on Chinese firm performance. Among the series characteristics of the board of directors, the contribution ratio in prediction from directors compensation, director shareholding ratio, the average age of directors and directors' educational level are significant, and these characteristics have a roughly nonlinear correlation to the prediction of firm performance; the improvement of the predictive ability of board characteristics on firm performance in state-owned enterprises in China performs better than that in private enterprises.

The findings of this study provide valuable suggestions for enriching the theory of board governance, strengthening board construction and optimizing the effectiveness of board governance. Furthermore, these impacts can serve as a valuable reference for board construction and selection, aiding in the rational selection of boards to establish an efficient and high-performing board of directors.

The study findings unequivocally demonstrate the superiority of nonlinear machine learning approaches over traditional linear models in examining the relationship between board characteristics and firm performance in China. Within the suite of board characteristics, director compensation, shareholding ratio, average age and educational level are particularly noteworthy, consistently demonstrating strong, nonlinear associations with firm performance. Within the suite of board characteristics, director compensation, shareholding ratio, average age and educational level are particularly noteworthy, consistently demonstrating strong, nonlinear associations with firm performance. The study reveals that the predictive performance of board attributes is generally more robust for state-owned enterprises in China in comparison to their counterparts in the private sector.

Purpose: With this study, the authors aim to highlight the application of machine learning in smart appliances used in our day-to-day activities. This chapter focuses on analysing intelligent devices used in our daily lives to examine various machine learning models that can be applied to make an appliance ‘intelligent’ and discuss the different pros and cons of the implementation.

Methodology: Most smart appliances need machine learning models to decrypt the meaning and functioning behind the sensor’s data to execute accurate predictions and come to appropriate conclusions.

Findings: The future holds endless possibilities for devices to be connected in different ways, and these devices will be in our homes, offices, industries and even vehicles that can connect each other. The massive number of connected devices could congest the network; hence there is necessary to incorporate intelligence on end devices using machine learning algorithms. The connected devices that allow automatic control appliance driven by the user’s preference would avail itself to use the Network to communicate with devices close to its proximity or use other channels to liaise with external utility systems. Data processing is facilitated through edge devices, and machine learning algorithms can be applied.

Significance: This chapter overviews smart appliances that use machine learning at the edge. It highlights the effects of using these appliances and how they raise the overall living standards when smarter cities are introduced by integrating such devices.

Machine learning and artificial intelligence (AI) have arisen as the availability of larger data sources, statistical methods, and computing power have rapidly and simultaneously evolved. The transformation is leading to a revolution that will affect virtually every industry. Businesses that are slow to adopt modern data practices are likely to be left behind with little chance to catch up.

The purpose of this chapter is to provide a brief overview of machine learning and AI in the business setting. In addition to providing historical context, the chapter also provides justification for AI investment, even in industries in which data is not the core business function. The means by which computers learn is de-mystified and various algorithms and evaluation methods are presented. Lastly, the chapter considers various ethical and practical consequences of machine learning algorithms after implementation.

The objective of this research work is to design a data-based solution for administering traffic organization in a smart city by using the machine learning algorithm.

A machine learning framework for managing traffic infrastructure and air pollution in urban centers relies on a predictive analytics model. The model makes use of transportation data to predict traffic patterns based on the information gathered from numerous sources within the city. It can be promoted for strategic planning determination. The data features volume and calendar variables, including hours of the day, week and month. These variables are leveraged to identify time series-based seasonal patterns in the data. To achieve accurate traffic volume forecasting, the long short-term memory (LSTM) method is recommended.

The study has produced a model that is appropriate for the transportation sector in the city and other innovative urban applications. The findings indicate that the implementation of smart transportation systems enhances transportation and has a positive impact on air quality. The study's results are explored and connected to practical applications in the areas of air pollution control and smart transportation.

The present paper has created the machine learning framework for the transportation sector of smart cities that achieves a reasonable level of accuracy. Additionally, the paper examines the effects of smart transportation on both the environment and supply chain.

In today's fast developing era, the volume of data is increasing day by day. The traditional methods are lagging for efficiently managing the huge amount of data. The adoption of machine learning techniques helps in efficient management of data and draws relevant patterns from that data. The main aim of this research paper is to provide brief information about the proposed adoption of machine learning techniques in different sectors of manufacturing supply chain.

This research paper has done rigorous systematic literature review of adoption of machine learning techniques in manufacturing supply chain from year 2015 to 2023. Out of 511 papers, 74 papers are shortlisted for detailed analysis.

The papers are subcategorised into 8 sections which helps in scrutinizing the work done in manufacturing supply chain. This paper helps in finding out the contribution of application of machine learning techniques in manufacturing field mostly in automotive sector.

The research is limited to papers published from year 2015 to year 2023. The limitation of the current research that book chapters, unpublished work, white papers and conference papers are not considered for study. Only English language articles and review papers are studied in brief. This study helps in adoption of machine learning techniques in manufacturing supply chain.

This study is one of the few studies which investigate machine learning techniques in manufacturing sector and supply chain through systematic literature survey.

1. A comprehensive understanding of Machine Learning techniques is presented.

2. The state of art of adoption of Machine Learning techniques are investigated.

3. The methodology of (SLR) is proposed.

4. An innovative study of Machine Learning techniques in manufacturing supply chain.

A comprehensive understanding of Machine Learning techniques is presented.

The state of art of adoption of Machine Learning techniques are investigated.

The methodology of (SLR) is proposed.

An innovative study of Machine Learning techniques in manufacturing supply chain.

The purpose of this study is to examine the state of research into adoption of machine learning systems within the health sector, to identify themes that have been studied and observe the important gaps in the literature that can inform a research agenda going forward.

A systematic literature strategy was utilized to identify and analyze scientific papers between 2012 and 2022. A total of 28 articles were identified and reviewed.

The outcomes reveal that while advances in machine learning have the potential to improve service access and delivery, there have been sporadic growth of literature in this area which is perhaps surprising given the immense potential of machine learning within the health sector. The findings further reveal that themes such as recordkeeping, drugs development and streamlining of treatment have primarily been focused on by the majority of authors in this area.

The search was limited to journal articles published in English, resulting in the exclusion of studies disseminated through alternative channels, such as conferences, and those published in languages other than English. Considering that scholars in developing nations may encounter less difficulty in disseminating their work through alternative channels and that numerous emerging nations employ languages other than English, it is plausible that certain research has been overlooked in the present investigation.

This review provides insights into future research avenues for theory, content and context on adoption of machine learning within the health sector.

The accurate prediction of incoming cash flows enables more effective cash management and allows firms to shape firms' planning based on forward-looking information. Although most firms are aware of the benefits of these forecasts, many still have difficulties identifying and implementing an appropriate prediction model. With the rise of machine learning algorithms, numerous new forecasting techniques have emerged. These new forecasting techniques are theoretically applicable for predicting customer payment behavior but have not yet been adequately investigated. This study aims to close this research gap by examining which machine learning algorithm is the most appropriate for predicting customer payment dates.

By using various machine learning algorithms, the authors evaluate whether customer payment behavior patterns can be identified and predicted. The study is based on real-world transaction data from a DAX-40 firm with over 1,000,000 invoices in the dataset, with the data covering the period 2017–2019.

The authors' results show that neural networks in particular are suitable for predicting customers' payment dates. Furthermore, the authors demonstrate that contextual and logical prediction models can provide more accurate forecasts than conventional baseline models, such as linear and multivariate regression.

Future cash flow forecasting studies should incorporate naïve prediction models, as the authors demonstrate that these models can compete with conventional baseline models used in existing machine learning research. However, the authors expect that with more in-depth information about the customer (creditworthiness, accounting structure) the results can be even further improved.

The knowledge of customers' future payment dates enables firms to change their perspective and move from reactive to proactive cash management. This shift leads to a more targeted dunning process.

To the best of the authors' knowledge, no study has yet been conducted that interprets the prediction of incoming payments as a daily rolling forecast by comparing naïve forecasts with forecasts based on machine learning and deep learning models.

Existing labor estimation models typically consider only certain construction project types or specific influencing factors. These models are focused on quantifying the total labor hours required, while the utilization rate of the labor during the project is not usually accounted for. This study aims to develop a novel machine learning model to predict the time series of labor resource utilization rate at the work package level.

More than 250 construction work packages collected over a two-year period are used to identify the main contributing factors affecting labor resource requirements. Also, a novel machine learning algorithm – Recurrent Neural Network (RNN) – is adopted to develop a forecasting model that can predict the utilization of labor resources over time.

This paper presents a robust machine learning approach for predicting labor resources’ utilization rates in construction projects based on the identified contributing factors. The machine learning approach is found to result in a reliable time series forecasting model that uses the RNN algorithm. The proposed model indicates the capability of machine learning algorithms in facilitating the traditional challenges in construction industry.

The findings point to the suitability of state-of-the-art machine learning techniques for developing predictive models to forecast the utilization rate of labor resources in construction projects, as well as for supporting project managers by providing forecasting tool for labor estimations at the work package level before detailed activity schedules have been generated. Accordingly, the proposed approach facilitates resource allocation and enables prioritization of available resources to enhance the overall performance of projects.