liberal world financial order at the turn of the millennium. The main aim is to analyse the credit risk associated with the … political and economic changes in Finnish society. <p> The evaluation of the credit risk mainly relies on exchange-rate risk …, Hamburg, Paris and London. In addition, it investigates Finland’s exposure to short-term debt and Moody’s credit ratings …

researchers’ interest in the domain of credit risk management in banking and highlights the issues of relevant studies, both … theoretical and empirical, in the area of credit-scoring, models for credit risk assessment and regulatory framework, on the …

) the divergence between movements in credit and equity markets during periods of financial stress; and (iii) the assumption …

considering alternative determinants of EAD risk, in addition to the traditional factors (e.g., credit rating.) Various measures … resampling experiment in a rolling out-of-time and sample experiment. In addition to the credit risk management implications of …

natural hedge is now being transformed into credit risk for the banking sector. This is creating a serious problem in …

in corporate bond spreads. The model represents a hybrid of more traditional accounting ratio-based models of credit risk … sample, they are not priced as aggressively as traditional leverage. Furthermore, an extended model shows that the pension-credit … traditional forms of leverage. No pension-credit risk relation is found in the other countries sampled, notably the UK …