Results 61 to 70 of about 3,126,721 (184)
A Linear Algorithm for Black Scholes Economic Model [PDF]
The pricing of options is a very important problem encountered in financial domain. The famous Black-Scholes model provides explicit closed form solution for the values of certain (European style) call and put options.
Dumitru FANACHE, Ion SMEUREANU
core
Why do firms strategically delay payments of corporate loans?
Journal of Financial Research, EarlyView.Abstract Firms may prefer to delay some loan payments while continuing to service others because of lender and loan characteristics. I explore the impact of bank‐level and bank‐firm‐level indicators on the strategic delay behaviors of nonfinancial corporations. Three factors play a key role in their strategic delay decisions.
Ahmet Deryol
wiley +1 more source
Finite Elements Solutions to the Black - Scholes Equation [PDF]
, 2020 Nowadays, for the financial industry it is important to implement mathematical tools of the advanced level. World’s well-known economists Fischer Black and Myron Scholes introduced the distinguished equation for option pricing in 1973.
Zhanatova, Nazym
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High order compact finite difference schemes for a nonlinear Black-Scholes equation [PDF]
A nonlinear Black-Scholes equation which models transaction costs arising in the hedging of portfolios is discretized semi-implicitly using high order compact finite difference schemes. In particular, the compact schemes of Rigal are generalized.
Michel Fournié +2 more
core
Segment information disclosure and trade credit
Journal of Financial Research, EarlyView.Abstract We examine the effect of mandatory segment disclosure on trade credit financing. Segment disclosure reduces the information advantage of suppliers relative to investors in evaluating firm default risk, reducing firms' reliance on trade credit. Exploiting the adoption of SFAS 131 as a shock to segment disclosure, we find that segment disclosure
Obada Almajali, Phil Holmes, Bin Xu
wiley +1 more source
Network Effects in Corporate Emissions: Evidence from a Data‐Dependent Spatial Panel Model
Journal of Money, Credit and Banking, EarlyView.Abstract We study spillover effects in corporate toxic emissions using a heterogeneous panel of U.S. industrial facilities from 2000 to 2023. Rather than imposing a network structure a priori, we uncover an unobserved web of influence directly from the data using recent advances in high‐dimensional network econometrics.
STYLIANOS ASIMAKOPOULOS +3 more
wiley +1 more source
Abstract and Applied Analysis, 2013 An adaptive wavelet precise integration method (WPIM) based on the variational iteration method (VIM) for Black-Scholes model is proposed. Black-Scholes model is a very useful tool on pricing options.
Huahong Yan
doaj +1 more source
Convergence of a high-order compact finite difference scheme for a nonlinear Black-Scholes equation [PDF]
A high-order compact finite difference scheme for a fully nonlinear parabolic differential equation is analyzed. The equation arises in the modeling of option prices in financial markets with transaction costs.
Michel Fournié +2 more
core
Fractional Black–Scholes equation
, 2017 In this paper, it has been shown that the combined use of exponential operators and special functions provides a powerful tool to solve certain class of generalized space fractional Laguerre heat equation.
A. Aghili
core +1 more source
Parenthood and CEO Responses to Media Criticism on Pay
Journal of Management Studies, EarlyView.Abstract Research on media coverage of controversial corporate practices typically suggests firms respond instrumentally to mitigate stakeholder reactions. However, we argue that CEOs' moral concerns can sometimes override strategic considerations, because media criticism may expose them to scrutiny from personally valued audiences – for instance ...
Steffen Brenner, Georg Wernicke
wiley +1 more source