Corporate credit ratings are widely used in financial services for risk management,
investment, and financing decisions. In this study, the use of a recently developed …

There is mixed support for the glass cliff hypothesis that firms will more likely appoint female
candidates into top management positions when in crisis. We trace the inconsistent findings …

This study aims to shed light on the debate concerning the choice between discrete-time
and continuous-time hazard models in making bankruptcy or any binary prediction using …

We examine the impact of cross-border mergers on acquirers' post-merger default risk using
a sample of 375 US acquiring firms from 1997 to 2011. After controlling for cultural …

This study aims to investigate the relationship of financial distress risk and the equity returns
of financially distressed firms listed on Pakistan Stock Exchange (PSX). Several studies …

We examine whether default risk is priced equally fast in the credit default swap (CDS) and
the stock markets in the main economic sectors of North America, Europe, the UK, and Asia …

Over the past few decades, the financial sector has been under continuous changes in all
areas of designing, implementing, and managing the services and products provided to …

We apply a structural model to estimate firm-level default risk in China and investigate the
stock return predictability of default risk and the moderating effects of state ownership for the …

This paper analyses the effect of financial distress risk on the initial compensation contracts
of new executives in the UK, where credit markets are more concentrated than in the US. We …

The objective of any investment is to earn return. Return on the amount invested in stocks
includes dividend and capital appreciation. These returns are influenced by both systematic …