August 2016
Intermediate to advanced
304 pages
10h 8m
English
There is conflicting evidence reported in the existing academic literature regarding the pricing of bankruptcy risk. Also, existing studies concentrate on developed and emerging markets (to some extent), but not on frontier markets. We aim to investigate the pricing of bankruptcy risk by using the DLI (default likelihood indicator) bankruptcy estimation model developed by Vassalou and Xing [Vassalou, M., ...
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