Managing Credit Risk, Second Edition opens with a detailed discussion of today's global credit markets-touching on everything from the emergence of hedge funds as major players to the growing influence of rating agencies. After gaining a firm understanding of these issues, you'll be introduced...

Business failure identification and early warnings of impending financial crisis are important not only to analysts and practitioners in the United States. Indeed, countries throughout the world, even non-capitalist nations, have been concerned with individual entity performance assessment....