Ziel dieser Arbeit ist die Untersuchung der Bedeutung der Spezifikation für Ratingmodelle zur Prognose von Kreditausfallwahrscheinlichkeiten. Ausgehend von dem in der Bankenpraxis etablierten Logit-Modell werden verschiedene Modellerweiterungen diskutiert und hinsichtlich ihrer Eigenschaften...

This thesis jointly models the 24 hour work trip timing and mode choice decisions of commuters in the Greater Toronto Area. A discrete-continuous specification, with a multinomial logit model for mode choice and an accelerated time hazard model for trip timing, is used to allow for unrestricted...

We examine the failure determinants for large quoted UK industrials using a panel data setcomprising 539 firms observed over the period 1988-93. The empirical design employs datafrom company accounts and is based on Chamberlain’s conditional binomial logit model,which allows for unobservable,...

Numerous reasearch attempts in predicting business failures and or bankruptcy are well documented in corporate finance. Attempts to develop bankruptcy prediction continues since commercial banks, public accounting firms, bond rating agencies, for example have advocated for such information to...

The aim of this paper is to analyse the influence of a company's level of earnings and growth opportunities in determining the dividend policy choice of Malaysian-listed firms. The analysis is based on a sample of 136 firms listed on the Bursa Malaysia Index over a period of six years, from 1990...

This research is aimed at investigating the consumer’s preference for food produced in Taiwan and the economic benefits for the country of origin labeling. The study uses both experimental auction and contingent valuation method (CVM) to investigate factors that affect the consumer’s...

agricultural producer organisations

The recent transformation in milk production was characterized by the reduction of the prices received by the producer and by theincrease of the production and productivity. Facing this reality, this work has the objective to identify whether the option forinformal commercialization of the milk...

The World Health Organization has stated that obesity is spreading around the world like a “global epidemic”. In 2004 the percentage of obese people in the Italian population was 9%, but the trend s increasing in recent years. Focusing on this country, the purpose of the paper is to analyze...