Asset Management Corporation Of Nigeria (AMCON) was created in 2010 by statute enacted by the Nigerian Federal Assembly (with the approval of The Nigerian President) even though there was evidence that similar “Asset Management Corporations” (AMCs) in other countries had only a 33% change of...

This article proposes a method for measuring the latent risks involved in the recovery process of non-performing loans in financial institutions and/or business firms that deal with collection and recovery processes. To that end, we apply the competing risks model referred to in the literature...