Results 131 to 140 of about 8,869,875 (350)

Debt refinancing and credit risk [PDF]

, 2003
Many firms choose to refinance their debt. We investigate the long run effects of this extended practice on credit ratings and credit spreads. We find that debt refinancing generates systematic rating downgrades unless a minimum firm value growth is ...
Peña Sánchez de Rivera, Juan Ignacio, Forte, Santiago, Peña, Juan Ignacio   +2 more
core  

Your debt matters to my business: Spillover effect of buyers' debt structure on suppliers’ credit risk

International Review of Economics & Finance
This study investigates how buyers' debt structure affects suppliers' credit risk using 2551 effective buyer–supplier pair years from 2009 to 2022. We find that buyers' trade credit increases the credit risk of their suppliers, and their bank loans ...
Jing Gu, Zixuan Zhou, Xiaoguang Yang, Kevin W. Li, Xun Xu   +4 more
doaj   +1 more source

Does Participating in Agricultural Global Value Chains Promote Agricultural Growth?

Agribusiness, EarlyView.
ABSTRACT This study examines the relationship between GVC participation and agricultural value‐added growth in 43 countries over the period 1995–2022. In contrast to prior literature, we disaggregate the agricultural sector into four sub‐sectors namely crop cultivation, animal production, forestry and fishing.
Taner Turan, Halit Yanıkkaya, Hüseyin Alperen Özer   +2 more
wiley   +1 more source

Extending Credit Risk (Pricing) Models for the Simulation of Portfolios of Interest Rate and Credit Risk Sensitive Securities [PDF]

We discuss extensions of intensity based models for pricing credit risk and derivative securities to the simulation and valuation of portfolios.
Stavros A. Zenios, Norbert Jobst
core  

Blockchain‐Based Smart Contracts in US Specialty Crop Marketing: Grower Preferences and Adoption Potential

Agribusiness, EarlyView.
ABSTRACT Using survey and discrete choice experiment data, we examined US specialty crop growers' preferences for marketing contract attributes in the context of emerging blockchain‐based technologies and expanding traceability initiatives. Results show that farmers preferred traditional written contracts but might be willing to accept digital ...
Elizabeth Canales, Alba J. Collart, Matthew G. Interis, Esther Mmenaa Agyemang‐Duah   +3 more
wiley   +1 more source

Cash Holdings and Credit Risk [PDF]

Intuition suggests that firms with higher cash holdings are safer and should have lower credit spreads. Yet empirically, the correlation between cash and spreads is robustly positive and higher for lower credit ratings.
Sergei A. Davydenko, Viral V. Acharya, Ilya A. Strebulaev   +2 more
core  

Credit ratings and the standardised approach to credit risk in Basel II [PDF]

This paper simulates the minimum capital requirements for the wholesale exposures of a medium-sized bank in each EMU country depending on the credit rating agencies chosen by the bank to risk-weight its exposures in the standardised approach to credit ...
Van Roy, Patrick
core   +3 more sources

Livelihood Diversification as an Adaptation Strategy to Climate Change and Household Food Security of Livestock Holders in Pakistan

Agribusiness, EarlyView.
ABSTRACT Rural farm households continue to face significant risks from climate change, resulting in many of them diversifying their livelihood sources into other income‐generating activities to increase their incomes and improve food and nutrition security. In this study, we examine the drivers and impact of farm households' participation in livelihood
Mahwish Arshad, Awudu Abdulai
wiley   +1 more source

Single-Name Credit Risk, Portfolio Risk, and Credit Rationing [PDF]

This paper introduces non-diversifiable risk in the Stiglitz-Weiss adverse selection model, so that an increase in the average riskiness of the borrower pool causes higher portfolio risk.
Arnold, Lutz G., Reeder, Johannes, Trepl , Stefanie   +2 more
core  

Néhány credit risk modell vizsgálata [PDF]

, 2012
Néhány credit risk modell vizsgálatagjalkalmazott ...
Bíró, Anna
core