XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX PRELIMINARIES: Please turn on "word wrap" when reading this document. There are four SAS files provided: 1. Distrib_GetStaticRiskRSQs.sas: Runs the static model (see top of the file when you open it for more). 2. Distrib_GetDynamicRiskRSQs.sas: Runs the dynamic model (see top of the file when you open it for more). 3. Distrib_GenerateEmergingRisk_PlotsScores.sas: This can only be run after the above have been run. This program takes the results form running the above models and creates output for tables and graphs. 4. Distrib_SASutils.sas: contains basic macros used by the other programs above. *Note 1: These files have dependencies that require output from metaHeuristica in order to run. You also must provide data from Call reports and Compustat data. Finally, we note that the output from metaHeuristica was processed to be in the right format using APL programming, which we hope to some day translate to Python (when we do, we hope to add it to the distribution materials). *Note 2: The SAS code uses many macro variables and macro function calls. It is also highly customized for the very specific procedures needed to run the static and dynamic models. We hope it is useful to you. Nevertheless, although we hope some of the algorithms and function calls might be useful to you, it is also likely that the code here is too customized to be easily used in full by most. We are happy to provide code, but unfortunately given our intense work schedules, the authors of this research project are unable to provide any support for using the code. Thanks for your understanding and best wishes for your own research.