Purpose – Proposes to investigate the current practices of credit risk management by the largest US-based financial institutions. Owing to the increasing variety in the types of counterparties and the ever-expanding variety in the forms of obligations, credit risk management has jumped to the...

Purpose – The paper aims to provide a quantitative methodology for dealing with (true) Knightian uncertainty in the management of credit risk based on information-gap decision theory. Design/methodology/approach – Credit risk management assigns clients to credit risk categories with...

Purpose – To reopen for discussion the issue of credit creation and control in the area of Islamic banking. Design/methodology/approach – In view of a rapid expansion of Islamic banking in recent decades, the answer to questions whether Islamic banks can create credit like mainstream banks...

Purpose – The purpose of this paper is to examine whether the choice of the financial reporting system can influence the credit rating of an enterprise. It aims to argue that small‐ and medium‐sized entities (SMEs) reporting according to International Financial Reporting Standards (IFRS)...

The success of a credit system, in terms of both effectiveness and cost, is largely determined by policy established within the company. Too conservative a policy will entail high opportunity cost through loss of business, but too liberal a policy results in the cost of tying up funds in debtors...

Purpose – To reopen for discussion the issue of credit creation and control in the area of Islamic banking. Design/methodology/approach – In view of a rapid expansion of Islamic banking in recent decades, the answer to questions whether Islamic banks can create credit like mainstream banks...

Purpose – The purpose of this paper is threefold. The paper aims to explore and present empirical evidence of microeconomical perspective of credit rationing phenomenon with special emphasis on the small and medium‐sized enterprise (SME) sector in the Republic of Croatia. In addition, the...

Purpose – The paper aims to provide a quantitative methodology for dealing with (true) Knightian uncertainty in the management of credit risk based on information‐gap decision theory. Design/methodology/approach – Credit risk management assigns clients to credit risk categories with...