Results 31 to 40 of about 669 (248)

The Leverage Externalities of Credit Default Swaps [PDF]

SSRN Electronic Journal, 2013
This paper provides the first empirical evidence of the externalities of credit default swaps (CDS). We find that a firm's leverage is lower when a larger proportion of its revenue is derived from CDS-referenced customers. This finding is robust to alternative samples and measures, placebo tests, and the selection of customers by suppliers.
Tang, DY, Li, JY
openaire   +3 more sources

Credit risk mitigation warrants initiation and private enterprise debt default risk [PDF]

Journal of Asian Business and Economic Studies
PurposeThis study examines the role of credit risk mitigation warrants (CRMWs) in reducing default risk in China's private bond market during rising default rates and tightening credit since 2018, particularly for financially distressed enterprises ...
Futie Song, Xuechen Shen
doaj   +1 more source

Further evidence on co-movement between equity funds and business cycle variables in BRICS: A Wavelet analysis

Borsa Istanbul Review, 2020
There is only a limited amount of research that addresses questions pertaining to the relationship between the asset management sector and the economy.
Fiza Qureshi, Saba Qureshi, Sobia Shafaq Shah, Ijaz Ur Rehman, Faisal Shahzad   +4 more
doaj   +1 more source

How do “gatekeepers” affect credit risk?

Journal of Management Science and Engineering, 2021
This study investigates the relationship between auditor tenure and credit default swap (CDS) spreads of U.S. firms based on quantile regression.
Xu Li, Xingtong Zhang, Yinggang Zhou
doaj   +1 more source

The Impact of Covid-19 on Emerging Stock Market Volatility: Empirical Evidence from Borsa Istanbul

Ekonomi, Politika & Finans Araştırmaları Dergisi, 2020
The study aims to examine the impact of COVID-19 on the Turkish stock market volatility and reveal how different industries are affected by COVID-19. Volatility between pre-COVID and COVID periods are compared across industries to understand the impact ...
İbrahim Yağlı
doaj   +1 more source

ANALYSIS OF LITHUANIAN CREDIT DEFAULT SWAPS

Journal of Business Economics and Management, 2015
This paper studies international sovereign Credit Default Swaps (CDS) market focusing attention to the CDS of Central and East Europe. The main purpose of the study was to perform detail analysis of Lithuanian CDS in the global capital market. We compared the CDS markets of other countries and found some commonalities between them.
Kregzde, Arvydas, Murauskas, Gediminas
openaire   +3 more sources

Standardization of measurement and reporting of medication adherence using the TEN‐SPIDERS tool for claims data

British Journal of Clinical Pharmacology, EarlyView.
This study provides the first open‐source tool to implement the complete TEN‐SPIDERS framework in linked datasets for the determination of the PDC for medication adherence. The TEN‐SPIDERS tool enables transparent, reproducible medication adherence research through automated reporting of all calculation parameters and flexible customization options ...
Adam C. Livori, Tzu‐Yung Kuo, Jenni Ilomäki, Monique F. Kilkenny, Stella Talic, Zanfina Ademi, J. Simon Bell, Jedidiah I. Morton, Lachlan L. Dalli   +8 more
wiley   +1 more source

Are Credit Default Swaps Associated with Higher Corporate Defaults? [PDF]

SSRN Electronic Journal, 2011
Are companies with traded credit default swap (CDS) positions on their debt more likely to default? Using a proportional hazard model of bankruptcy and Merton’s contingent claims approach, we estimate the probability of default for U.S. nonfinancial firms.
Stavros Peristiani, Vanessa Savino
openaire   +3 more sources

The Degradation of Access‐Based Business Models: Customer Misbehavior and Shared Mobility

Business Strategy and the Environment, EarlyView.
ABSTRACT Access‐based services are considered one of the strategies to embed sustainability in business models. Yet, because the evolution of these business models has been overlooked, we do not know whether their promise to create triple value is sustained.
Andres Camacho, Carmen Valor
wiley   +1 more source

The credit default swap market and the settlement of large defaults [PDF]

International Economics, 2010
Résumé L’ampleur des positions prises sur le marché des swaps de défaut de crédit (CDS) a soulevé des inquiétudes sur la capacité du marché à régler les défauts lorsque ceux-ci concernent de très gros emprunteurs. La quasi-faillite de AIG et la faillite avérée de Lehman Brothers en 2008 ont révélé l’exposition des acheteurs de CDS au risque de ...
Virginie Coudert, Mathieu Gex
openaire   +1 more source