We use Markov chain Monte Carlo (MCMC) sampling to draw model coefficients to generate LGD distributions. We find that applying this Bayesian method on a sophisticated model that accounts for the bi-modal distribution of the LGDs, such as the zero-one-inflated beta (ZOIB) model, can generate LGD...

In this study we empirically assess both linear and nonlinear relationships between the total tax burden and several tax items with real per capita GDP growth rates for 41 developing countries between 1990 and 2019. We use panel data techniques to evaluate the effects of taxation, as a...

Sustainability is one of the main concerns of decision makers, factories, and retailers. This importance increases when the organization needs to define, implement, and manage a sustainable portfolio to succeed in today’s environment of change and uncertainty. Therefore, this study examines...