Showing 1 - 10 of 92
undertake the lead in appraisal and financing of key developmental projects and Public-Private Partnerships. -- repayment …
Persistent link: https://www.econbiz.de/10010148292
Bank’s major approach in her internal rating system is credit scoring valuation which focused on corporates’ idiosyncratic risks and based on their financial indexes. Hence, an influence on corporates’ credit risks by business variation is not considered in her system. We model the effect...
Persistent link: https://www.econbiz.de/10010058683
contribution to resolve these issues new alternative methods of financing for business are imposing, one of them is factoring …. Although most countries don’t have adequate legal framework, factoring has emerged as the dominant form of financing, whose …
Persistent link: https://www.econbiz.de/10010058714
Through this paper the author discusses the phenomenon of excessive Government borrowing and the factors that lead Governments to be so dependent on financial markets. It is argued that the combined effect of unregulated financial intermediaries, hedge funds and Credit Rating Agencies in...
Persistent link: https://www.econbiz.de/10010079549
In this study we estimate indirect bankruptcy costs for a recent sample of large corporate bankruptcies in the United States over the period, 1997 to 2004. We find indirect bankruptcy costs of approximately 2%, 6.2% and 14.9% of firm value in years -3, -2 and -1 relative to the year of...
Persistent link: https://www.econbiz.de/10010009077
Article refers to the issue of credit risk management in commercial banks. Particular attention is paid to the problem of stress testing. In addition, methods are presented that allow prediction of the losses of the portfolio in the context of extreme events relating to the crises of financial...
Persistent link: https://www.econbiz.de/10010118427
more constrained than large firms. Therefore, venture capitalists are often the only available sources of financing to …
Persistent link: https://www.econbiz.de/10010009080
compare their debt ratio and the scale of cash dividend as the reference for financing strategies and decision. The evidence …
Persistent link: https://www.econbiz.de/10010009107
The primary goal of this paper is to quantify the impact of financing constraints on corporate growth. For this, we use … relationships between growth and (1) the availability of internal finance, and (2) the debt maturity of external financing using an … information and other market imperfections, small companies face more financing constraints than large companies, and have …
Persistent link: https://www.econbiz.de/10010009127
The aim of the article is to present the method of establishing equity shares in weight average cost of capital (WACC), in which the value of loan capital results from the fixed assumptions accepted in the financial plan (for example a schedule of loan repayment) and own equity is evaluated by...
Persistent link: https://www.econbiz.de/10010009391