Similar Search Results

Бюджетирование как элемент стимулирования предпринимательской деятельности

Latysheva, Victoria; Karpov, Valery - Volkswirtschaftliche Fakultät, … - 2013

This paper is devoted to the study of dual budgeting positions ordering costs and revenues for functional activities, the implementation of the entrepreneurial potential of project budgets and through the conclusion of potentially important areas of the company to a new level by providing...

Persistent link: https://www.econbiz.de/10011114407

Essays on consumer portfolio choice and credit risk

Ji, Tingting - Volkswirtschaftliche Fakultät, … - 2004

significant in determining both consumer bankruptcy filings and delinquency even after controlling for household demographics …. Furthermore, I show that unemployment and the debt/wealth ratio also affect the choice of whether to file for bankruptcy under …

Persistent link: https://www.econbiz.de/10005835481

Trademark Values in Corporate Restructuring

Torres, Fernando - Volkswirtschaftliche Fakultät, … - 2007

In corporate restructuring under Chapter 11, an asset valuation is a central task for both legal and financial reasons. In the area of intangible assets, however, generally accepted accounting principles (GAAP) do not reflect internally-generated assets such as brands, trademarks, and other...

Persistent link: https://www.econbiz.de/10005836409

The financial leverage of Insurers subject to price regulation: evidence from Canada

Strauss, Jason David - Volkswirtschaftliche Fakultät, … - 2008

The variation in the degree of price regulation in the property-liability insurance market in Canada varies across time and space, creating an opportunity to test a recurring theory in regulatory economics: that price regulated firms have higher levels of financial leverage. Using an...

Persistent link: https://www.econbiz.de/10005837467

Price Regulation, Market Exit, and Financial Leverage of Canadian Property-Liability Insurers

Strauss, Jason - Volkswirtschaftliche Fakultät, … - 2007

regulators. Prior research suggests that firms increase their financial leverage, and thus their probability of bankruptcy and … expected bankruptcy costs, in order to mitigate the severity of binding price ceilings. Although financial leverage can be … insurers as well as the probability of bankruptcy, the non-selection probability. …

Persistent link: https://www.econbiz.de/10005837519

Risks of the indebtedness of the Hungarian local government sector from a financial stability point of view

Aczél, Ákos; Homolya, Dániel - Volkswirtschaftliche Fakultät, … - 2012

Our paper explores the risks that arise due to indebtedness of Hungarian local governments. Our analysis relies on interviews conducted with the heads of the local government business branches of the credit institutions most important in terms of local government financing and on the related...

Persistent link: https://www.econbiz.de/10011258086

Is there a Distress Risk Anomaly? Pricing of Systematic Default Risk in the Cross Section of Equity Returns

Anginer, Deniz; Yildizhan, Celim - Volkswirtschaftliche Fakultät, … - 2009

The standard measures of distress risk ignore the fact that firm defaults are correlated and that some defaults are more likely to occur in bad times. We use risk premium computed from corporate credit spreads to measure a firm’s exposure to systematic variation in default risk. Unlike...

Persistent link: https://www.econbiz.de/10011259646

Unobservable savings, risk sharing and default in the financial system

Panetti, Ettore - Volkswirtschaftliche Fakultät, … - 2011

In the present paper, I analyze how unobservable savings affect risk sharing and bankruptcy decisions in the financial … incomplete. Therefore, their presence is not a rationale for government intervention on bankruptcy via "resolution regimes …

Persistent link: https://www.econbiz.de/10008869270

Mexico's retrogression: implications of a bankruptcy reorganization gone wrong

Porzecanski, Arturo C. - Volkswirtschaftliche Fakultät, … - 2011

Mexico is retrogressing, becoming an unpredictable and risky jurisdiction for the adjudication of legitimate claims involving domestic and international lenders and investors. This conclusion follows from an analysis of the precedent-setting corporate workout involving a major Mexican...

Persistent link: https://www.econbiz.de/10009372574

Küresel Kriz ve Finansal Aracılarda Risk Yönetimi: Beyaz Sayfa Mı?

Coskun, Yener; Kayacan, Murad - Volkswirtschaftliche Fakultät, … - 2011

Abstract One of the impacts of financial liberalisation/deregulation to the risk management and regulation mechanisms is self regulation. In the context of self regulation, it is expected that financial intermediaries may internally develop risk management rules, define capital level based on...

Persistent link: https://www.econbiz.de/10009372609