Search Results - subject:"Konkurs"

Using the (rule of) law as an elixir to arrest moral capital bankruptcy and financial collapse of South African state-owned enterprises

Buthelezi, Michael C. - 2026

Persistent link: https://www.econbiz.de/10015617309

A quantile probability model for sectoral corporate defaults in Europe

Konietschke, Paul; Metzler, Julian; Marques, Aurea Ponte - 2026

Conventional credit risk models understate tail risk by centering on mean default probabilities and neglecting distributional and sectoral heterogeneity. We propose a Quantile Probability of Default (QPD) framework based on unconditional quantile regressions estimated on flow default rates from...

Persistent link: https://www.econbiz.de/10015618110

The effects of wildfire and distant air pollution on household financial well-being

An, Xudong; Gabriel, Stuart A.; Tzur-Ilan, Nitzan - 2026

Persistent link: https://www.econbiz.de/10015609890

Government arrears and corporate policies : lessons from a natural experiment

Abad, José M.; Bermejo, Vicente J.; Cuñat, Vicente; … - 2026

Persistent link: https://www.econbiz.de/10015611089

A framework for interpreting machine learning models in bond default risk prediction using LIME and SHAP

Zhang, Yan; Chen, Lin; Tian, YiXiang - 2026

Interpretability analysis methods, such as LIME and SHAP, are widely employed to explain the predictions of artificial intelligence models; however, they primarily function as post hoc tools and do not directly quantify the intrinsic interpretability of the models. Although it is commonly...

Persistent link: https://www.econbiz.de/10015611531

Hydrogeological and credit risk : the Italian firms' physical risk-adjusted probability of default

Cugliari, Manuel; Narizzano, Simone; Vassalli, Federica - 2026

Persistent link: https://www.econbiz.de/10015613760

The Economic Impacts of Insolvency Regimes : Evidence, Challenges and Opportunities

Menezes, Antonia; Gropper, Akvile - 2026

This note reviews empirical evidence on the impacts of insolvency regimes on entrepreneurship, access to credit, preservation of viable businesses and jobs, and other variables contributing to economic development. Its objective is to provide policy makers with evidence to guide insolvency...

Persistent link: https://www.econbiz.de/10015613923

The role of corporate governance mechanisms, leverage, and financial distress for improving audit quality

Kalbuana, Nawang; Uzliawati, Lia; Taqi, Muhamad; … - 2026

Persistent link: https://www.econbiz.de/10015614112

Modeling recurrent financial distress : a survival analysis of structured dependence

Uğur, Mehmet; Zeynalov, Ayaz - 2026

Existing research on financial distress typically treats failure as a single event and pays limited attention to the dynamic dependence between recurrent distress episodes. Ignoring such dependence can lead to biased hazard estimates and weaker predictive performance. We propose a...

Persistent link: https://www.econbiz.de/10015616221

The birth of insolvency in China : judicial innovation during the Wenzhou curb crisis

Ding, Chen; Deakin, Simon F. - 2026

Persistent link: https://www.econbiz.de/10015592006