Kaposty, Florian; Klein, Philipp; Löderbusch, Matthias; … - In: Review of Managerial Science 16 (2021) 5, pp. 1561-1597
transactional characteristics. We examine novel LGD determinants such as an external credit rating, the lessee's limited liability … several determinants affect these LGDs in different ways. Our study assists both lessors and regulators in assessing the …