O artigo examina se eventos de default de companhias abertas no Brasil são previstos por
um sistema de classificação de risco de crédito baseado em índices contábeis. O sistema …

In this paper we develop a model of the economic value of credit rating systems. Increasing
international competition and changes in the regulatory framework driven by the Basel …

Credit ratings are expert systems which assess the likelihood of a borrower to default. The
Basel Accord allows banks to base regulatory capital requirements on the default probability …

When examining the role of finance in entrepreneurial business start-ups, it is important to
keep in mind the following firm characteristics. First, information asymmetries between firm …

In a “publish-or-perish culture”, the ranking of scientific journals plays a central role in
assessing the performance in the current research environment. With a wide range of …

Sažetak The main goal of this paper is modeling credit risk of non-financial businesses
entities by assessing the rating migration probabilities and predicting the probability of …

Rating agencies report ordinal ratings in discrete classes. We question the market's implicit
assumption that agencies define their classe s on identical scales, eg, that AAA by Standard …

Small and medium-sized enterprises are a centrepiece of Europe? s economy. Due to their
limited size and their generally lower creditworthiness, their access to financial market …

Este estudo quanti-qualitativo tipo levantamento, de natureza transversal, buscou estudar o
processo de formação discente e docente, no qual acadêmicos em Educação Física da …

We suggest a new parametric framework to assess the accuracy of estimated default
probabilities (PDs). Whereas the traditional methods to validate credit rating systems focus …