Showing 1 - 10 of 45
The paper aims to investigate the effects of financial distress risk (FDR) and related party transactions (RPT) on financial reporting quality (FRQ) in an emerging market called Iran. In this study, the ordinary least squares regression (OLS) method is employed to test the hypotheses; moreover,...
Persistent link: https://www.econbiz.de/10013093083
This study aims to check market reaction to filing for bankruptcy and restructuring proceedings and to verify the short … companies according to the procedure (bankruptcy and restructuring) and market (the main market and the NewConnect market). The … share market react quickly to public information about filing an application for bankruptcy or restructuring. For all …
Persistent link: https://www.econbiz.de/10012508551
, the SC members may cooperate, reducing their bankruptcy risk considerably; thus, the chance for and extent of inter …-entity financial aid are critical to consider when assessing bankruptcy risk. A cooperative SC member cannot just be financed from debt … our results, bankruptcy risk is SC-specific, rather than a characteristic of an individual firm. Therefore, to finance an …
Persistent link: https://www.econbiz.de/10013364873
risk, probability of bankruptcy, and level of solvency. To achieve these results, 416 companies were analysed based on …-score model to predict bankruptcy, and, finally, logistic regression analysis to answer the hypotheses. The results show that the …
Persistent link: https://www.econbiz.de/10014636704
fund to insolvency. The differential equation governing the current assets shows the respective weights associated with the …
Persistent link: https://www.econbiz.de/10009754692
After the financial crisis, the European Banking Authority (EBA) has established tighter standards around the definition of default (Capital Requirements Regulation CRR Article 178, EBA/GL/2017/16) to increase the degree of comparability and consistency in credit risk measurement and capital...
Persistent link: https://www.econbiz.de/10012805453
This paper examines the usefulness of logit regression in forecasting the consumer bankruptcy of households using an … imbalanced dataset. The research on consumer bankruptcy prediction is of paramount importance as it aims to build statistical … models that can identify consumers in a difficult financial situation that may lead to consumer bankruptcy. In the face of …
Persistent link: https://www.econbiz.de/10012805903
In the face of rising defaults and limited studies on the prediction of financial distress in Morocco, this article aims to determine the most relevant predictors of financial distress and identify its optimal prediction models in a normal Moroccan economic context over two years. To achieve...
Persistent link: https://www.econbiz.de/10012704037
A new methodology to derive IFRS 9 PiT PDs is proposed. The methodology first derives a PiT term structure with accompanying segmented term structures. Secondly, the calibration of credit scores using the Lorenz curve approach is used to create account-specific PD term structures. The PiT term...
Persistent link: https://www.econbiz.de/10012704964
association between leniency and the age of legislation. Results indicate that personal bankruptcy policies in the EU are usually …Discussions on personal bankruptcy regulations are usually focused on the controversial effects of leniency on society … limited to one-time legislative changes or some elements of the US personal bankruptcy system. In contrast, we create a …
Persistent link: https://www.econbiz.de/10012632007