Fuzzy Set Theory Applied to Accounting Sciences

Abstract

Fuzzy set theory and fuzzy logic have been successfully developed in engineering and mathematics. However, these concepts have found great acceptance in social sciences in recent years since they provide an answer to those problems in the real world that cannot be modeled using classical mathematics. In this paper, we propose a new methodology for accounting science based on fuzzy triangular numbers. The methodology uses Hamming distance between fuzzy triangular numbers and arithmetic operations to evaluate corporate governance of multinational public stock corporations (PSCs) in the telecommunications sector.