Showing 191 - 200 of 46,834
Credit ratings are ordinal predictions for the default risk of an obligor. To evaluate the accuracy of such predictions … dataset. All procedures are illustrated in the empirical section using a dataset of S&P Long Term Credit Ratings. …
Persistent link: https://www.econbiz.de/10010304610
Mobile application stores have become very popular, and the two most popular, Google Play and Apple App Store, both have over a million applications (apps) available. Social media is extensively used for marketing products and services; but, its true potential, in service and product...
Persistent link: https://www.econbiz.de/10012044299
Can corporate governance ratings reduce problems of asymmetric information between companies and investors? To answer … this question, we set out to examine the information basis for providing such ratings by reviewing corporate governance … ratings as a means to reduce asymmetric information in a more general manner. We propose that the rating process may be seen …
Persistent link: https://www.econbiz.de/10011559110
Nachdem 2008 die Finanzmärkte weltweit einbrachen, wurde in Verbriefungen eine der Hauptursachen für den Flächenbrand gesehen. Der Verbriefungsmarkt trocknete aus, weil das Vertrauen in dieses Finanzinstrument verloren gegangen war. Damals attestierte man der Finanzinnovation Verbriefung...
Persistent link: https://www.econbiz.de/10011602400
Das Vertrauen in die Stabilität der Staatsfinanzen vieler europäischer Länder und der USA wurde durch die weltweite Wirtschafts- und Finanzkrise nachhaltig erschüttert. Expansive Fiskalprogramme zur Konjunkturstützung und Bailouts zur Rettung des Bankensystems haben die Staatsverschuldung...
Persistent link: https://www.econbiz.de/10011602405
The paper analyses the drivers of sovereign risk for 31 advanced and emerging economies during the European sovereign debt crisis. It shows that a deterioration in countries’ fundamentals and fundamentals contagion – a sharp rise in the sensitivity of financial markets to fundamentals –...
Persistent link: https://www.econbiz.de/10011605670
) on market dynamics. This impact can be seen as a consequence of the information content of the ratings themselves or … indirectly as a consequence of the "hardwiring" of ratings into regulatory rules, management mandates, bond covenants, etc …
Persistent link: https://www.econbiz.de/10011606168
following this tendency, with an increasing number of Portuguese wines appearing on the ratings list of Robert Parker (RP) and … Wine Spectator (WS) gurus. Using the ratings published in 2010, by RP, WS, João Paulo Martins (Portuguese) and cellartrack ….com, this paper aims to assess the consistency between the ratings assigned by different experts and by consumers and …
Persistent link: https://www.econbiz.de/10011986485
Fifty years ago, I published the initial, classic version of the Z-score bankruptcy prediction models. This multivariate statistical model has remained perhaps the most well-known, and more importantly, most used technique for providing an early warning signal of firm financial distress by...
Persistent link: https://www.econbiz.de/10011996126
, ownership concentration and stakeholder orientation affect positively corporate governance ratings, while board size decreases …
Persistent link: https://www.econbiz.de/10011946112