Purpose: This paper aims to theoretically examine the effects of regulatory policyholder protection on spread behavior and default probability of a life insurance company. Design/methodology/approach: The authors construct a contingent claim model for the valuation of the equity of a life...

The CRIX (CRyptocurrency IndeX) has been constructed based on approximately 30 cryptos and captures high coverage of available market capitalisation. The CRIX index family covers a range of cryptos based on di erent liquidity rules and various model selection criteria. Details of ECRIX (Exact...

This study aimed at exploring the critical factors for enterprises to adopt broadband mobile applications. The results are expected to guide enterprises to strengthen their competitiveness. Further, since the broadband mobile applications were integrated with many characteristics of information...

Increasing investment in human resource relative to information technology system in retail banking delivery channels increases the optimal bank interest margin and decreases the default risk in the bank¡¯s equity returns during a financial crisis. Raising the regulatory barrier inducing a...

We study the optimal bank interest margin and default risk under the capped ratio schedule of government capital instruments in the Basel III Capital Adequacy Accord and the Deposit Insurance Fund arrangement program. We show that an increase in the capped ratio (a decrease in the capped...