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Spanish Abstract:</B> Aunque no se puede desconocer la transformación que ha atravesado el mercado de capitales colombiano en las últimas dos décadas, su desarrollo futuro requiere superar una serie de retos estructurales. De lo contrario, existe el riesgo de que éste se estanque (como ha...
Persistent link: https://www.econbiz.de/10012928547
Competitive markets could yield socially optimum results, but although market fail in many cases. If the regulation is … to preserve competition gain importance. Regulation could be conceived as an evolutionary process starting in natural … monopoly regulation and ending in competition policy. In many cases, competition is infeasible with the current state of the …
Persistent link: https://www.econbiz.de/10009141326
Increasing attention is paid to risk management under the recent regulatory frameworks of the insurance and financial sectors. It is required by the regulator that institutions have a capital to face potential losses from their activity. This capital is usually assessed by means of risk...
Persistent link: https://www.econbiz.de/10011307189
Persistent link: https://www.econbiz.de/10011314061
This paper analyzes the relationship between the quality of the commercial credit portfolio and diversification in the financial entities of Argentina during the period 1998-2006. To this effect, a database of the financial sector (banking and non-banking) is used, which allows to consider three...
Persistent link: https://www.econbiz.de/10010325085
El sistema previsional en Chile es gestionado por entidades privadas, denominadas AFP, a las cuales cada trabajador debe cotizar un 10% de su renta en planes individuales de ahorro obligatorio para jubilación más una comisión variable a beneficio directo de la AFP. Por otro lado, el empleador...
Persistent link: https://www.econbiz.de/10011859343
Teniendo en cuenta el nuevo esquema de multifondos en Colombia, perteneciente al Régimen de Ahorro Individual, se realizó un análisis mediante la aplicación de herramientas estocásticas y actuariales, con el fin de determinar el momento en el cual un agente (de acuerdo con sus...
Persistent link: https://www.econbiz.de/10011859348
The aim of this paper is to analyze and highlight the structure and functioning of shadow banks as institutions that played a key role in the 2008 financial crisis, which may contribute to identify financial risks in the future. The interrelated growth of shadow banks through their balance...
Persistent link: https://www.econbiz.de/10011966834
In this paper, we explore the impact of the COVID-19 pandemic on the credit risk of large European companies. We selected corporations belonged to the EuroStoxx 50 Index and whose CDS (Credit Default Swap) may be found in the iTraxx Europe Index. Then we applied the methodology of event studies...
Persistent link: https://www.econbiz.de/10014494509
This article is a supplement to the stock technical analysis and its main objective is to classify 88 companies belonging to the Mexican Stock Exchange. Using principal component analysis (PCA) and linear discriminant analysis (LDA), the input hypothesis is to group companies according to their...
Persistent link: https://www.econbiz.de/10011787593