Explaining Accounting Structures Changes by Applying the Accounting Methodology of Radar-Polar Chart


  • MIGUEL ANGEL PEREZ BENEDITO Faculty of Economics of Valencia




Accounting methodology; Economic behavior; Radar charts; Piper diagrams; Clusters


The manuscript analyzes the relationship between the dynamic activity of entities and its effects on accounting structures of their financial statements. Radar charts and tetragrams visually represent the dynamic activity of features, respectively. To overcome discrepancies in qualitative and quantitative comparative analysis, the manuscript introduces polar equation parameters that drive research towards qualitative analysis. Classes of management – kinds and types - are conductor threads for explaining relations between charts and diagrams, and level of employment as well as market prices are environment variables for confirming hypothesis of manuscript. The Euclidean distances of the accounting relative centers in the tetragrams and the management optima are indicators developed for both stakeholders and managers to explain the evolution of decision making over time. The accounting applied is an economic science.

Author Biography

MIGUEL ANGEL PEREZ BENEDITO, Faculty of Economics of Valencia

Accounting Department

PhD in Economics and Business Administration.

University Professor


. P. Krugman, A.J. Venables.: Integration, specialization, and adjustment. 1996. European Economic Reoiew 40. 959-967.

. Pinch,S. and Henry,N.: Paul Krugman's Geographical Economics,Industrial Clustering and the British Motor Sport Industry, Regional Studies, 1999. 33:9, 815-827, DOI:10.1080/00343409950075461.

. Hasan, H.H. y Rahim, S.A. Factors affecting online purchasing behavior. Jurnal Komunikasi, Malaysian Jurnal of Communication. 2008. Vol 24: 1-19 1.

. Pérez-Benedito, M. A.: Accounting Symmetries on Indonesian Entities by Applying the Edgeworth’s box. Journal of Economics and Business, 2020. Vol.3, No.2, 795-810. DOI: 10.31014/aior.1992.03.02.238.

. Pérez-Benedito, M.A. The applying accounting methodology of radar chart for textile production activity in Great Britain. Archives of Business Research. 2018. Vol.6, No.10. https://doi.org/10.14738/abr.610.5491

. Silverman, M.S.: Conceptions of the Natural and the Social in Walras's Economic Thought, Review of Political Economy, 2021. DOI: 10.1080/09538259.2021.1967017

. Kirman, A. Walras or Pareto: Who is to Blame for the State of Modern Economic Theory?, Review of Political Economy, 2021. 33:2, 280-302, DOI: 10.1080/09538259.2021.1889173

. Fisher, I. The nature of capital an income. New York. The Macmillan Company. London: Macmillan & Co., LTD. 1906. Chapter 5, Capital accounts. Digitized by the Internet Archive in 2007 with funding from Microsoft Corporation. http://www.archive.org/details/natureofcapitaliOOfishuoft.

. United NationsStatistical Commission (UNSC). System of National Accounts 2008. (2008 SNA) https://unstats.un.org/unsd/nationalaccount/pubs.asp.

. Krupinski, E.A. The Role of Perception in Imaging: Past and Future. Seminars In Nuclear Medicine. 2011, 392-400. doi:10.1053/j.semnuclmed.2011.05.002.

. Pal, A., Hsieh, Sh-H. Deep-learning-based visual data analytics for smart construction management. Automation in Construction 131 (2021) 103892. https://doi.org/10.1016/j.autcon.2021.103892.

. Makhija,A., Wickramasinghe, Ch. and Tiwar, M. Visual management. Lean Tools in Apparel Manufacturing. 2021, 5, Pages 131-208. DOI: https://doi.org/10.1016/B978-0-12-819426-3.00009-6.

. Murata, K. On the Role of Visual Management in the Era of Digital Innovation. Procedia Manufacturing 39 (2019) 117–122. https://creativecommons.org/licenses/by-nc-nd/4.0/

. COSO ERM Framework: Enterprise Risk Management — Integrating with Strategy and Performance (2017) Compendium Added (2018). https://www.coso.org/Documents/2017-COSO-ERM-Integrating-with-Strategy-and-Performance-Executive-Summary.pdf.




How to Cite

BENEDITO, M. A. P. (2022). Explaining Accounting Structures Changes by Applying the Accounting Methodology of Radar-Polar Chart. Archives of Business Research, 10(5), 39–64. https://doi.org/10.14738/abr.105.12289