Bankruptcy risk

This article studies the influence of macro factors on bankruptcy risk of real estate businesses listed on the Vietnamese stock exchange. By using the Logistic regression model with 53 real estate businesses listed on the Vietnam stock exchange in the period 2012 - 2022, it shows that high GDP growth of the economy reduces the risk of bankruptcy of real estate businesses. Meanwhile, the higher the interest rate, the greater the risk of bankruptcy that real estate businesses face.

6p leminhvu111 07-06-2024 1 0   Download

This research focuses on analysing the impact of competitiveness as measured through the Lerner competitiveness coefficient, operational efficiency, and risks to financial stability through the Z-score bankruptcy risk ratio of Vietnam’s leading prestige construction groups in the context of economic integration.

13p vimichaelfaraday 28-12-2023 4 3   Download

Ebok "Advances in credit risk modelling and corporate bankruptcy prediction" provides a thorough compendium of the different modelling approaches available in the field, including several new techniques that extend the horizons of future research and practice. This practical and empirically-based approach makes the book an ideal resource for all those concerned with credit risk and corporate bankruptcy, including academics, practitioners and regulators.

310p tuongnhuoclan 28-11-2023 7 3   Download

Continued part 1, part 2 of ebook "Corporate financial distress and bankruptcy: Predict and avoid bankruptcy, analyze and invest in distressed debt (3rd edition)" provides readers with contents including: techniques for the classification and prediction of corporate financial distress and their applications; corporate credit scoring–insolvency risk models; an emerging market credit scoring system for corporates; application of distress prediction models; estimating recovery rates on defaulted debt;...

124p mocthanhdao0210 20-11-2023 8 4   Download

Ebook "Handbook of consumer finance research" summarizes the state of consumer finance research across disciplines for expert findings on and strategies for enhancing—consumers’ economic health. New and revised chapters offer current research insights into familiar concepts (retirement saving, bankruptcy, marriage and finance) as well as the latest findings in emerging areas, including healthcare costs, online shopping, financial therapy, and the neuroscience behind buyer behavior.

379p loivantrinh 29-10-2023 6 4   Download

Ebook "Sovereign default risk valuation: Implications of debt crises and bond restructurings" shows why investors should reckon with similar credit events in the future. Insights gained from recent restructurings inspire the design of a valuation model for sovereign bonds. Using the distinction between hard and soft restructurings, the model draws parallels to the concepts of face value and market value recovery.

261p loivantrinh 29-10-2023 6 4   Download

The article studies the factors affecting the bankruptcy risk, thereby forecasting the bankruptcy risk of listed steel companies in Vietnam. By using the qualitative research methods and quantitative research method, the author has identified factors that affect bankruptcy risk including size, liabilities-toassets, working capital-to-assets, liquidity, return on asset, cash flow from operations-to-assets and growth rate of net income.

11p nhanchienthien 25-07-2023 6 4   Download

This paper explores instability of Vietnam’s commercial banking system from 2015 to 2018 based on the utilization of financial stability indicators (FSIs) and bankruptcy score (Z-score) in order to propose essential evaluation.

14p visherylsandberg 18-05-2022 33 3   Download

The research results showed that (with a prediction accuracy of 91.4%) in these companies, indicators of solvency influencing bankruptcy risk include: (1) Operating cash flows to average total liabilities ratio, (2) Net working capital to total assets ratio. Based on the research results, specific recommendations and solutions were proposed to improve solvency, prevent and mitigate bankruptcy risk in the real estate companies listed on Vietnam’s stock market.

16p huyetthienthan 23-11-2021 17 0   Download

This research aims to examine the effect of the oil price crisis on bankruptcy risk. The sample consists of 9 oil and gas companies listed on the Indonesian Stock Exchange 2013-2019. The analysis method uses fixed-effect regression. The result shows that the oil price crisis increases bankruptcy risk, especially for companies with higher leverage. Furthermore, the oil price crisis reduces market value for companies with higher bankruptcy risk.

7p mynguyenha 21-07-2021 26 1   Download

This paper presents a new model for pricing OTC derivatives subject to collateralization. It allows for collateral posting adhering to bankruptcy laws. As such, the model can back out the market price of a collateralized contract. This framework is very useful for valuing outstanding derivatives. Using a unique dataset, we find empirical evidence that credit risk alone is not overly important in determining creditrelated spreads. Only accounting for both collateral arrangement and credit risk can sufficiently explain unsecured credit costs.

26p timxiao 22-07-2020 62 1   Download

Corporate failure may be defined as the situation where a business unit becomes insolvent and progressively moves towards bankruptcy or into liquidation. The recent financial crisis has deteriorated dramatically the financial conditions in which the business units operate and has a significant impact on the companies that experience corporate failure. The going concern assumption constitutes a fundamental accounting principle for the preparation of financial statements and is even more important in times when global economy is facing such a financial crisis.

30p nguyenanhtuan_qb 09-07-2020 20 2   Download

– This paper uses the dynamic stochastic general equilibrium model and calibrates a version of the Carlstrom and Fuerst’s (1997) agency cost model of business cycles with timevarying uncertainty in the technology shocks that affect capital production. To highlight the differences between the US and European financial sectors, the paper focuses on two key components of the lending channel: the risk premium associated with bank loans and the bankruptcy rates.

22p nguathienthan5 03-06-2020 17 1   Download

Among the most controversial issues in the literature, and empirical studies that have addressed the subject of bankruptcy prediction, there is certainly the understanding of what kind of indicators is most predictive in the report on time, and especially with fewer errors thorough a corporate crisis. In this regard, the present work contributes to the already vast literature that analyzes the determinants of the probability of firm default, with particular attention to the quantities contained in the accounting ratios.

15p trinhthamhodang2 21-01-2020 36 0   Download

This study indicates that there is no explicit evidence supporting the fact that banks in China lack strength and are exposed to the risk of bankruptcy. That is, the financial industry structure in China is healthy and an increased investment and facilities in this industry should be considered. However, the empirical results of the deposit insurance pricing model show that it is necessary to establish a deposit insurance system for the banks in China as all the estimated deposit insurance premiums are significantly positive.

16p trinhthamhodang2 21-01-2020 34 1   Download

In recent years, the banking activity in Tunisia has been marked by a significant increase in granted loans compared to collected deposits. This disproportionate evolution has led to the accentuation of the tightening of bank liquidity, which negatively affected the liquidity ratio of Tunisian banks. That’s why; this paper's objective is to identify the key determinants of liquidity risk of these banks in order to manage this major risk to avoid both their liquidity drying up and their bankruptcy.

11p trinhthamhodang2 21-01-2020 33 1   Download

The prevention of financial losses is crucial for enterprises, especially in periods of market instability and uncertainty. Credit risk refers to the likelihood that a company will not be able to cover its liabilities and become insolvent and defaulted. Credit risk is of utmost importance not only for the enterprises but also for financial institutions (banks), which try to eliminate any possible losses from insolvent clients. Most of the enterprises in Europe are SMEs (Small and Medium Enterprises). Manufacturing sector is one of the most important, especially in Western Europe.

25p chauchaungayxua2 19-01-2020 26 2   Download

For every enterprise, business activities always have hidden opportunities and risks. One of the biggest risks is bankruptcy. Therefore, how to identify the risk of bankruptcy and the benchmarking for bankruptcy is an important issue that capture the interest of enterprises. In this study, besides the determination of the Z-score, Z-score for bankruptcy risk measurement was determined in accordance with Vietnam's characteristic market conditions. The score threshold was determined from the Z’’ model using US market data. This model has been validated in accordance with US market conditions.

21p chauchaungayxua2 04-01-2020 65 1   Download

Continued from part 1, part 2 of the document presents the contents: airline privatisation, airline financial planning and appraisal, risk management: foreign currency and fuel price, aircraft leasing, aircraft securitisation, airline bankruptcy, industry financial prospects. To grasp the details of the content invite you to consult the ebook.

131p lequangvinh1608 09-08-2019 13 2   Download

The goal of this paper is to apply three popular machine-learning techniques; Support vector machine (SVM), Decision tree (DT) and Naïve Bayes (NB) to predicting financial risks based on real-life data - Qualitative Bankruptcy, Japanese bankruptcy and Australian credit card application.

3p viboruto2711 16-05-2019 17 0   Download