Bankruptcy is a state of insolvency wherein the company or the person is not able to repay
the creditors the debt amount. Bankruptcy prediction is of importance to the various …

Bonds are debt securities from the issuer to bondholders with a promise to pay off the
principal and the coupon at maturity. Bond investing can generate income while also posing …

The paper models default probabilities for Indian companies in Black-Scholes-Metron (BSM)
framework. The objective Probability of Default (PD) estimates are found to be higher for …

This paper focuses on the credit risk modelling of Indian companies, with the aim of
determining their likelihood of default. The study uses the Merton model to estimate credit …

The objective of this paper is to quantify the default probabilities of the top 42 non-financial
firms listed on the Johannesburg Stock Exchange. This paper follows the same methodology …

Obligasi merupakan salah satu instrumen keuangan yang merupakan suatu pernyataan
utang dari penerbit obligasi kepada pemegang obligasi beserta janji untuk membayar …

Default by corporate is problem of concern for banking and financial services industry along
with economy. Timely prediction of default is imperative for the bankers and regulators to …

Risiko kredit adalah risiko kerugian yang berhubungan dengan peluang counterparty gagal
memenuhi kewajibannya pada saat jatuh tempo. Menurut Giesecke (2004), risiko kredit …

The central limit theorem is one of the most important applications in statistics. It expresses
the fact that a sum of many independent and identically distributed (iid) random variables, or …

Sabit getirili borçlanma araçları, artan bir şekilde hem bankacılık kesiminin fon ihtiyacını
karşılamada kullanılmakta hem de kurumsal finansmanda banka kredilerine belirgin bir …