搜索结果: 1-15 共查到“货币银行学 Equity”相关记录16条 . 查询时间(0 秒)
Private equity critics claim that leveraged buyouts bring huge job
losses and few gains in operating performance. To evaluate these
claims, we construct and analyze a new dataset that covers US
buy...
Credit constraints, equity market liberalizations and international trade
Credit constraints equity market liberalizations
2015/7/21
This paper provides evidence that credit constraints are an important determinant of
international trade flows. I exploit shocks to the availability of external finance and examine
the i...
Do a Firm's Equity Returns Reflect the Risk of Its Pension Plan?
Equity Profit Risk and Uncertainty Compensation and Benefits
2015/5/13
Do a Firm's Equity Returns Reflect the Risk of Its Pension Plan?
Applying Modern Risk Management to Equity and Credit Analysis
Risk Management Valuation Financial Reporting Decision Making Credit Financial Statements
2015/5/13
Traditional conventions of accounting and actuarial science distort the valuation of capital risk in corporations with pension plans because under these conventions, pension assets and liabilities are...
This paper examines the division of founder shares in entrepreneurial ventures, focusing on the decision of whether or not to divide the shares equally among all founders. To motivate the empirical an...
Combining Banking with Private Equity Investing
Private Equity Banks and Banking Banking Industry Financial Services Industry
2015/4/28
Bank-affiliated private equity groups account for 30% of all private equity investments. Their market share is highest during peaks of the private equity market, when the parent banks arrange more deb...
Leviathan as a Minority Shareholder: A Study of Equity Purchases by the Brazilian National Development Bank (BNDES),1995-2003
Investment Ownership Stake State Ownership Private Ownership Performance Evaluation
2015/4/24
There is a growing literature comparing the performance of private vs. state-owned companies. Yet, there is little work examining the effects of having the government as a minority shareholder of priv...
A Monetary Will-O'-The-Wisp: Pursuit of Equity Through Deficit Spending
Pursuit of Equity Through Deficit Spending A Monetary Will-O'-The-Wisp
2014/3/24
A Monetary Will-O'-The-Wisp: Pursuit of Equity Through Deficit Spending。
Assessing Credit Quality from the Equity Market: Can a Structural Approach Forecast Credit Ratings?
Credit rating default probability distance-to-default structural credit risk model Cote de crédit
2011/8/22
We investigate the empirical performance of default probability prediction based on Merton's (1974) structural credit risk model. More specifically, we study if distance-to-default is a sufficient sta...
Customer Equity Sustainability Ratio: A New Metric for Assessing a Firm's Future Orientation
customer equity financial reporting sustainability securitization financial crisis customer equity
2011/8/20
Securitization is a remarkable financial instrument; it enables securitizers to increase their short-term profits at the expense of the long-term value of their customer base. This ability might be te...
Marking Systemic Portfolio Risk with Application to the Correlation Skew of Equity Baskets
Marking Systemic Portfolio Risk the Correlation Skew of Equity Baskets
2011/1/4
The downside risk of a portfolio of (equity)assets is generally substantially higher than the downside risk of its components. In particular in times of crises when assets tend to have high correlatio...
Risk-Sharing Externalities and Its Implications for Equity Premium in an Infinite-Horizon Economy
Risk-sharing externalities endogenous income risks incomplete market participation
2010/12/6
This paper examines asset prices when risk-sharing externalities are incorporated into an infinite-horizon model where consumers are exposed to the endogenous income risks. It is shown that there exis...
Statistical identification with hidden Markov models of large order splitting strategies in an equity market
Statistical identification hidden Markov models splitting strategies equity market
2010/10/19
Large trades in a financial market are usually split into smaller parts and traded incrementally over extended periods of time. We address these large trades as hidden orders. In order to identify an...
Credit Calibration with Structural Models: The Lehman case and Equity Swaps under Counterparty Risk
Credit Default Swaps StructuralModels Black Cox Model, Calibration
2010/11/3
In this paper we develop structural first passage models (AT1P and SBTV)with time-varying volatility and characterized by high tractability, moving from the original work of Brigo and Tarenghi (2004, ...
Amid the current financial crisis, there has been one equity index beating all others: the Shanghai Composite. Our analysis of this main Chinese equity index shows clear signatures of a bubble build u...