Similar Search Results

Bottom-up default analysis of corporate solvency risk : an application to Latin America

Chan-Lau, Jorge A.; Lim, Cheng Hoon; … - 2017

This paper suggests a novel approach to assess corporate sector solvency risk. The approach uses a Bottom-Up Default Analysis that projects probabilities of default of individual firms conditional on macroeconomic conditions and financial risk factors. This allows a direct macro-financial link...

Persistent link: https://www.econbiz.de/10011704646

Insolvency risk and value maximization : a convergence between financial management and risk management

Gennaro, Alessandro - In: Risks : open access journal 9 (2021) 6, pp. 1-36

This conceptual paper focuses on the relationship between insolvency, capital structure, and value creation. The aim is … on insolvency risk will be defined by recalling the concepts of Cash Flow-at-Risk and Capital-at-Risk. A first check on … through a simulation model. The scenario analysis allows us to examine how financial and risk policies oriented by insolvency …

Persistent link: https://www.econbiz.de/10012597149

Measuring banks' liquidity risk : an option-pricing approach

Zhang, Jinqing; He, Liang; An, Yunbi - In: Journal of banking & finance 111 (2020), pp. 1-18

Persistent link: https://www.econbiz.de/10012221063

Does stock liquidity affect bankruptcy risk? : DID analysis from Vietnam

Hai Hong Trinh; Nguyen Phuc Canh; Wei, Hao; Wongchoti, … - In: Pacific-Basin finance journal 69 (2021), pp. 1-10

Persistent link: https://www.econbiz.de/10013369865

Innovation decisions through firm life cycle : A new evidence from emerging markets

Shahzad, Farrukh; Ahmad, Munir; Fareed, Zeeshan; Wang, … - In: International review of economics & finance : IREF 78 (2022), pp. 51-67

Persistent link: https://www.econbiz.de/10013333006

Financial distress and jump tail risk : evidence from China's listed companies

Liu, Xiaoqun; Zhang, Yuchen; Tian, Mengqiao; Chao, Youcong - In: International review of economics & finance : IREF 85 (2023), pp. 316-336

Persistent link: https://www.econbiz.de/10014427889

Corporate financial portfolio and distress risk : forewarned is forearmed

Chen, Xuesheng; Liu, Caixia; Liu, Zhangxin; Huang, Yongkang - In: Emerging markets, finance & trade : a journal of the … 59 (2023) 6, pp. 1852-1864

Persistent link: https://www.econbiz.de/10014290327

Variable selection and corporate bankruptcy forecasts

Tian, Shaonan; Yu, Yan; Guo, Hui - In: Journal of banking & finance 52 (2015), pp. 89-100

Persistent link: https://www.econbiz.de/10011377335

A joint model of failures and credit ratings

Hirk, Rainer; Vana, Laura; Hornik, Kurt; Pichler, Stefan - In: The journal of credit risk : published quarterly by … 17 (2021) 1, pp. 61-88

Persistent link: https://www.econbiz.de/10012519961

Selection of variables in small business failure analysis : mean selection vs. median selection

Tascón, María T.; Castaño, Francisco J. - In: Revista de métodos cuantitativos para la economía y … 24 (2017), pp. 54-88

This paper focuses on one of the most determinant processes in business failure assessment: Variable selection. After a preselection of variables based on previous empirical literature, we perform a statistical variable selection on a sample of small firms using both mean and median differences....

Persistent link: https://www.econbiz.de/10011845328