[PDF] Top 20 Structural credit risk models: analysis of listed companies in Portugal

Structural credit risk models: analysis of listed companies in Portugal

... crisis of 2007-2009 and in a context of new regulatory requirements, such as the Basel Accord, default risk measurement and management has become an area of fast innovation and ... See full document

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A comparative analysis of current credit risk models

... adjusted in a discrete fashion, simply because rating agencies take time to upgrade or downgrade companies whose default risk have ...rates. In addition, KMV has demonstrated that substantial ... See full document

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Evaluating the Maximization-Maximization approach to measure default probabilities on structural credit risk models

... purpose of this thesis was first to estimate the expected asset rate of return and the asset volatility parameters through the application of the Maximum Likelihood ...values. In what the ... See full document

48

An Empirical Analysis of Credit Risk Factors of the Slovenian Banking System

... latest credit risk measurement and management methods ...seen in recon- ducting the study of the influence of macroeconomic factors on the range of the credit risk ... See full document

18

Impact of financial crisis on earnings management in listed companies of Portugal and UK

... bank in the US, collapse? Lehman's high degree of leverage - the ratio of total assets to shareholders equity - was 31:1 in 2007, and its huge portfolio of mortgage securities made it ... See full document

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SCORING ASSESSMENT AND FORECASTING MODELS BANKRUPTCY RISK OF COMPANIES

... Studies in France and U.S. showed that in order to forecast a business bankruptcy there can be used accounting methods (quantitative and analytical - use in comparative analyses in time to ... See full document

11

Credit risk modelling using multi-state markov models

... Traditionally, credit risk models can be divided into three main categories: (i) reduced-form models, (ii) “first generation” structural-form models, (iii) “second generation” ... See full document

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Corporate risk reporting: analysis of risk disclosures in the interim reports of public Portuguese non-financial companies

... used in the OLS model were gathered directly from interim reports and audit fees was collected from 2014 annual reports (this information is not mandatory in interim ...report of corporate governance ... See full document

23

Corporate Failure Prediction of Public Listed Companies in Malaysia

... the credit risk towards public listed companies in ...Z-Score Models used to examine the prediction of failed based on secondary ...Z-Score Models developed to ... See full document

13

On the application of structural credit risk models to sovereign issuers

... Credit risk - the risk that a borrower may not honour a debt commitment - is a central topic for financial institutions and financial ...discriminant analysis, Altman Z- scores linear ... See full document

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Credit risk measurement of the listed companies in China based on KMV model

... parameters of traditional KMV models and find that the mortified KMV model can timely identify and forecast the default risk of Chinese listed ...default risk for different ... See full document

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Impairment of tangible fixed assets in the Portuguese listed companies: disclosures

... types of impairment 29 ...lack of relevance and materiality of these disclosures could be the cause, but we cannot know for ...three companies (7.9%) disclosed the causes of the ... See full document

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Treasury stocks: evidence from Portuguese listed companies in 2010

... available in the blog tab of the Economist website raises a question about what is the best timing for a company to buy their own shares and presents the view from a quantitative strategist at Société ... See full document

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The determinants and consequences of voluntary disclosure in Portuguese listed companies

... higher risk for investors, so it is almost compulsory for companies to disclose more information, so it can reassure its shareholders and convince potential ...covenants in debt agreements rather ... See full document

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Capital structure of listed Portuguese companies: determinants of debt adjustment

... The empiIical evidence obtained in this study lets us conclude that leveI of tangible assets, and above ali company size, are relevant specific determinants for listed Portuguese compa[r] ... See full document

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Internal Model of Commercial Bank as an Instrument for Measuring Credit Risk of the Borrower in Relation to Financial Performance (Credit Scoring and Bankruptcy Models)

... and credit scoring models produce results that aren’t quality sufficient for credit ...timates of credit analyst, which should assess whether the company is able to withstand the ... See full document

17

Credit Risk of Financial Institutions

... performance of accounting and market-based variables in the pricing of default risk, measured by CDS ...types of information are complementary in pricing credit default ... See full document

26

Integrating sustainability in companies’ business models : a qualitative analysis of the fast fashion industry

... review of the existing BM ...biased in that they tend to align the BMC with their specific research ...Yet, in general, the literature review of Zott et ...applied in three emerging ... See full document

53

Implementing interest rate swaps in the risk management of a credit institute – a practical analysis

... assumption of small shifts of the term structure only, a convexity term can be added to the duration hedge (Reitano, ...convexity of the portfolio is its second-order price approximation and yields a ... See full document

35

Business models in Legal Tech companies

... representation of how a firm does ...cream of the planet”. While both answers may be true to both companies, they explain the businesses under completely different points of ...it in ... See full document

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