Credit risk and Basel II: Are non-profit firms financially different?

We estimate a model of credit risk for portfolios of Small and Medium-sized enterprises, conditional on being a non-profit or for-profit firms. The estimation is based on a unique dataset on Italian firms provided by a large commercial bank. We show that the main variables to identify creditworthiness are different for non-profit and for-profit firms. Traditional balance sheet information seems to be less crucial for non-profit firms.

MoreLess

Year of publication:	2007
Authors:	Luppi, Barbara ; Marzo, Massimiliano ; Scorcu, Antonello E.
Publisher:	Bologna : Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)

freely available

Full text |

More access options

doi.org

Check Google Scholar

In German libraries (KVK)

I need help

More details

Series:	Quaderni - Working Paper DSE ; 601
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	10.6092/unibo/amsacta/4673 [DOI] 615403786 [GVK] hdl:10419/159442 [Handle] RePEc:bol:bodewp:601 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10011651495