Results 71 to 80 of about 1,014,131 (349)
To supervise or to self-supervise: a machine learning based comparison on credit supervision
Financial Innovation, 2021 This study investigates the need for credit supervision as conducted by on-site banking supervisors. It builds on a real bank on-site credit examination to compare the performance of a hypothetical self-supervision approach, in which banks themselves ...
José Américo Pereira Antunes
doaj +1 more source
The Pricing of Portfolio Credit Risk [PDF]
SSRN Electronic Journal, 2006 Equity and credit-default-swap (CDS) markets are in disagreement as to the extent to which asset returns co-move across firms. This suggests market segmentation and casts ambiguity about the asset-return correlations underpinning observed prices of portfolio credit risk.
Nikola A. Tarashev, Haibin Zhu
openaire +1 more source
Giving or Greening? Stakeholder Dynamics and Ex‐Military Executives
Business Strategy and the Environment, EarlyView.ABSTRACT Firms increasingly face competing demands from different stakeholder groups, yet little is known about how these demands interact and generate strategic trade‐offs. Drawing on stakeholder theory and upper echelons theory, we investigate whether an overemphasis on philanthropic initiatives can detract from investments in green innovation, and ...
Hyeyoun Park +3 more
wiley +1 more source
Bìznes Inform, 2022 The purpose of the article is to disclose and deepen the institutional foundations of the government tax policy, taking into account the challenges of the special period. The article defines the basic principles and criteria for the formation of government tax policy.
openaire +1 more source
When TCFD Meets TNFD: Can It Revolutionize Corporate Sustainable Risk Management?
Business Strategy and the Environment, EarlyView.ABSTRACT Amid escalating environmental risks, this study explores the novel integration of the Task Force on Climate‐related Financial Disclosures (TCFD) and the Taskforce on Nature‐related Financial Disclosures (TNFD) as a transformative approach to corporate sustainable risk management.
Xiaoyu Liu +3 more
wiley +1 more source
Parametric modeling of credit and investment activities of a commercial bank and its applications
Ученые записки Российской академии предпринимательства, 2021 The relevance of the research topic is connected with the insufficient development in the theoretical and practical plans of models for optimal management of the banking portfolio, taking into account the high volatility of the financial markets and ...
M. A. Gorskiy
doaj
Bilateral credit valuation adjustment for large credit derivatives portfolios [PDF]
Finance and Stochastics, 2013 We obtain an explicit formula for the bilateral counterparty valuation adjustment of a credit default swaps portfolio referencing an asymptotically large number of entities. We perform the analysis under a doubly stochastic intensity framework, allowing for default correlation through a common jump process.
Lijun Bo, Agostino Capponi
openaire +2 more sources
Interacting particle systems for the computation of rare credit portfolio losses
Finance and Stochastics, 2009 In this paper, we introduce the use of interacting particle systems in the computation of probabilities of simultaneous defaults in large credit portfolios. The method can be applied to compute small historical as well as risk-neutral probabilities.
R. Carmona, J. Fouque, Douglas Vestal
semanticscholar +1 more source
Large portfolio losses: A dynamic contagion model
, 2009 Using particle system methodologies we study the propagation of financial distress in a network of firms facing credit risk. We investigate the phenomenon of a credit crisis and quantify the losses that a bank may suffer in a large credit portfolio ...
Pra, Paolo Dai +3 more
core +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT This paper investigates innovative financing strategies to mobilise private capital for climate adaptation, emphasising Hong Kong's role in advancing efforts across Southeast Asia. Using expert interviews and case studies, it addresses two key questions: which financial instruments can strengthen public–private collaboration, and what best ...
Laurence L. Delina +5 more
wiley +1 more source