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PKB a upadłość
Staszkiewicz, Piotr W. - Volkswirtschaftliche Fakultät, … - 2013
The correlation analysis was conducted on dynamic of GDP and company failure rate for Poland, Europe and USA for the period 2003-2011; it was found a negative correlation. An analysis was undertaken for the relation between the rate of corporate failure in Poland and the rate of change of overall...
Persistent link: https://www.econbiz.de/10011259056
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Market Valuation and Risk Assessment of Indian Banks using Black -Scholes -Merton Model
Sinha, Pankaj; Sharma, Sakshi; Sondhi, Kriti - Volkswirtschaftliche Fakultät, … - 2013
The most pernicious effect of the global financial crisis is that it triggers a sequence of unpleasant consequences for … the banking sector and for the entire economy as a whole. The recent financial crisis has compelled regulators to focus on … equity are two important factors for valuation of banks. These risks can be incorporated in market valuation only through …
Persistent link: https://www.econbiz.de/10011259139
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Is there a Distress Risk Anomaly? Pricing of Systematic Default Risk in the Cross Section of Equity Returns
Anginer, Deniz; Yildizhan, Celim - Volkswirtschaftliche Fakultät, … - 2009
The standard measures of distress risk ignore the fact that firm defaults are correlated and that some defaults are more likely to occur in bad times. We use risk premium computed from corporate credit spreads to measure a firm’s exposure to systematic variation in default risk. Unlike...
Persistent link: https://www.econbiz.de/10011259646
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Forecasting financial failure using a Kohonen map: A comparative study to improve model stability over time
du Jardin, Philippe; Severin, Eric - Volkswirtschaftliche Fakultät, … - 2011
This study attempts to show how a Kohonen map can be used to improve the temporal stability of the accuracy of a financial failure model. Most models lose a significant part of their ability to generalize when data used for estimation and prediction purposes are collected over different time...
Persistent link: https://www.econbiz.de/10011259786
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Customer-base concentration, profitability and distress across the corporate life cycle
Irvine, Paul; Park, Shawn Saeyeul; Yildizhan, Celim - Volkswirtschaftliche Fakultät, … - 2013
Using a recently expanded data set on supplier-customer links, we examine how customer concentration affects firm profitability. We find that the relation between customer concentration and firm profitability is more complex than recent literature suggests. We confirm that customer concentration...
Persistent link: https://www.econbiz.de/10011259843
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Pricing Default Risk: The Good, The Bad, and The Anomaly
Ferreira Filipe, Sara; Grammatikos, Theoharry; Michala, … - Volkswirtschaftliche Fakultät, … - 2014
While the empirical literature has often documented a “default anomaly”, i.e. a negative relation between default risk and stock returns, standard theory suggests that default risk should be priced in the cross-section. In this paper, we provide an explanation for this apparent puzzle using...
Persistent link: https://www.econbiz.de/10011259881
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The Impact of the Dodd-Frank Act on Small Banks
Alqatawni, Tahsen - Volkswirtschaftliche Fakultät, … - 2013
small banks, which has little to do with the financial crisis. …
Persistent link: https://www.econbiz.de/10011259888
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CRI RMI - Nowy model oceny ryzyka wystąpienia trudności finansowych firm
Bławat, Bogusław - Volkswirtschaftliche Fakultät, … - 2012
In the presented paper, the author tried to introduce a new initiative in risk assessment of companies' financial difficulties, which arise in the RMI CRI in Singapore under the guidance of prof. Jin-Chuan Duan. This initiative and proposed based on Poisson process theoretical model is available...
Persistent link: https://www.econbiz.de/10011260531
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Veryfication of the disclosure lemma for Polish broker-dealer market
Staszkiewicz, Piotr W. - Volkswirtschaftliche Fakultät, … - 2012
The paper presents the approach for the verification of the lemma used for the model for reputation risk for subsidiaries of non-public group with reciprocal shareholding as proposed by the author in priory works. For all entities with the absolute value of the reputation risk greater than the...
Persistent link: https://www.econbiz.de/10011260535
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El seguro de depósito dentro de la red de seguridad financiera.
Heinrich, Gregor - Volkswirtschaftliche Fakultät, … - 2007
The text explores generally whether recommendations relating to deposit insurance are international guidleines or mandatory rules, explores the role of deposit insurance as one of several elements in the financial safety net, and offers an outlook to a future with more research and cross-border...
Persistent link: https://www.econbiz.de/10011260867