Are financial ratios relevant for trading credit risk? Evidence from the CDS market
Sign Up to like & getrecommendations! Published in 2018 at "Annals of Operations Research"
DOI: 10.1007/s10479-016-2373-3
Abstract: We propose a combination of LASSO with panel-consistent estimation methods to investigate whether financial ratios are used in the decision-making process of CDS traders. Our results indicate that financial statement information does play a role… read more here.
Keywords: credit risk; trading; relevant trading; trading credit ... See more keywords
Financial ratios and non-payment risk factor with panel probit model: a case of Turkey
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DOI: 10.1080/13504851.2020.1782336
Abstract: ABSTRACT This study is based on the data of the companies traded on the BIST (Borsa İstanbul Stock Exchange) stock exchange with the panel probit method to obtain the risk of empirical non-payment risk with… read more here.
Keywords: panel probit; payment; payment risk; non payment ... See more keywords