Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

336.767 --- 658.15 --- AA / International- internationaal --- 339.312.0 --- portfoliobeheer --- beleggingen --- beurswezen --- Portfolio management --- Investments --- 336.76 --- MA 2014-2015 --- 332.6 --- Investing --- Investment management --- Portfolio --- Finance --- Disinvestment --- Loans --- Saving and investment --- Speculation --- Investment analysis --- Securities --- Investering. Belegging. Portfolio. Portfoliotheorie. --(toepassing voor kapitaalkosten in de onderneming zie {658.15}) --- Private financial management. Financial administration of enterprises --- Investeringen: algemeenheden. --- Geldmarkt. Kapitaalmarkt --- 00 Beleggingsleer --- Investments. --- 658.15 Private financial management. Financial administration of enterprises --- 336.767 Investering. Belegging. Portfolio. Portfoliotheorie. --(toepassing voor kapitaalkosten in de onderneming zie {658.15}) --- Money market. Capital market --- Investeringen: algemeenheden

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Corporate finance --- AA / International- internationaal --- 658.40 --- 658.14 --- 658.15 --- 658.14 Financing. Funding of enterprises. Raising of capital --- Financing. Funding of enterprises. Raising of capital --- 658.15 Private financial management. Financial administration of enterprises --- Private financial management. Financial administration of enterprises --- Financieel beheer van de bedrijven: algemeenheden --- Bedrijfsfinanciering

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Corporations --- Business enterprises --- Sociétés --- Entreprises --- Finance --- Management --- Finances --- Gestion --- 658.14 --- AA / International- internationaal --- 658.40 --- 658.15 --- 658.152 --- Bedrijfsfinanciering --- Financieel beheer van de bedrijven: algemeenheden. --- Financing. Funding of enterprises. Raising of capital --- Private financial management. Financial administration of enterprises --- Capital investment. Fixed assets. Use of funds --- 658.152 Capital investment. Fixed assets. Use of funds --- 658.15 Private financial management. Financial administration of enterprises --- 658.14 Financing. Funding of enterprises. Raising of capital --- Sociétés --- Corporate finance --- financieel management --- budgettering --- kredieten --- risk management --- debiteuren --- leasing --- Financieel beheer van de bedrijven: algemeenheden --- Corporations - Finance

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Corporations --- Financial risk management --- Risk management --- 305.6 --- 305.91 --- 305.975 --- 333.109 --- 333.613 --- AA / International- internationaal --- 658.15 --- Insurance --- Management --- Business finance --- Capitalization (Finance) --- Corporate finance --- Corporate financial management --- Corporation finance --- Financial analysis of corporations --- Financial management, Corporate --- Financial management of corporations --- Financial planning of corporations --- Managerial finance --- Going public (Securities) --- 658.15 Private financial management. Financial administration of enterprises --- Private financial management. Financial administration of enterprises --- Finance --- Risicotheorie, speltheorie. Risicokapitaal. Beslissingsmodellen --- Econometrie van de financiële activa. Portfolio allocation en management. CAPM. Bubbles --- Monte Carlo methods. Experimenten en resultaten --- Veiligheid. Bankovervallen. Bankrisico's --- Activiteiten van de nationale en internationale markten. Beursnoteringen van aandelen en obligaties --- Gestion du risque --- Risque financier

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This book, based on the author's Clarendon Lectures in Finance, examines the empirical behaviour of corporate default risk. A new and unified statistical methodology for default prediction, based on stochastic intensity modeling, is explained and implemented with data on U.S. public corporations since 1980. Special attention is given to the measurement of correlation of default risk across firms. The underlying work was developed in a series of collaborations over roughly the past decade with Sanjiv Das, Andreas Eckner, Guillaume Horel, Nikunj Kapadia, Leandro Saita, and Ke Wang. Where possible, the content based on methodology has been separated from the substantive empirical findings, in order to provide access to the latter for those less focused on the mathematical foundations. A key finding is that corporate defaults are more clustered in time than would be suggested by their exposure to observable common or correlated risk factors. The methodology allows for hidden sources of default correlation, which are particularly important to include when estimating the likelihood that a portfolio of corporate loans will suffer large default losses. The data also reveal that a substantial amount of power for predicting the default of a corporation can be obtained from the firm's "distance to default," a volatility-adjusted measure of leverage that is the basis of the theoretical models of corporate debt pricing of Black, Scholes, and Merton. The findings are particularly relevant in the aftermath of the financial crisis, which revealed a lack of attention to the proper modelling of correlation of default risk across firms.

Corporate debt --- Debt financing (Corporations) --- Default (Finance) --- Risk --- Statistical methods --- AA / International- internationaal --- 305.8 --- 339.42 --- 658.47 --- Corporations --- -658.15 --- Business corporations --- C corporations --- Corporations, Business --- Corporations, Public --- Limited companies --- Publicly held corporations --- Publicly traded corporations --- Public limited companies --- Stock corporations --- Subchapter C corporations --- Business enterprises --- Corporate power --- Disincorporation --- Stocks --- Trusts, Industrial --- Finance --- Finance, Public --- Repudiation --- Econometrie van de investeringen, het gedrag van de onderneming. --- Financiële analyse. --- Fusies en liquidatie van ondernemingen. Concentratie. Sluiting. --- 658.15 --- Economics --- Uncertainty --- Probabilities --- Profit --- Risk-return relationships --- Debt --- Econometrie van de investeringen, het gedrag van de onderneming --- Financiële analyse --- Fusies en liquidatie van ondernemingen. Concentratie. Sluiting --- Corporate debt - United States - Statistical methods --- Debt financing (Corporations) - United States - Statistical methods --- Default (Finance) - United States - Statistical methods --- Risk - Statistical methods