Essays about: "Bankruptcy likelihood"

Found 5 essays containing the words Bankruptcy likelihood.

  1. 1. CEO stock option wealth and strategic risk-taking: a behavioural agency perspective

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Mengjue Tan; Yunge Liu; [2020]
    Keywords : CEO stock option wealth; Behavioural agency model; Managerial strategic risk-taking; Bankruptcy likelihood;

    Abstract : This study builds on the behavioural agency model to investigate the relationship between CEO stock option wealth and managerial strategic risk taking. This study reveals that stock options may both positively and negatively influence CEO's strategic risk taking, depending on whether they are exercisable or unexercisable, and depending on how much the accumulated cash value and prospective value is. READ MORE

  2. 2. Decision Makers Making Bankruptcy Decisions - An empirical analysis on how CEOs and directors with past bankruptcy experience affect the likelihood of future bankruptcy in Swedish private firms

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Shuyi Wang; Xuan Chen; [2018]
    Keywords : Bankruptcy Prediction; Managerial Overconfidence; Reputation Cost; Corporate Governance;

    Abstract : We investigate the impact of CEOs' and directors' past professional bankruptcy experience on future corporate performance in the context of Swedish private sector. The bankruptcy prediction models (Altman, 1968; Ohlson, 1980) and the upper echelons theory (Hambrick & Mason, 1984) underpin this research. READ MORE

  3. 3. The Diamond–Dybvig model of bank runs as a coordination game

    University essay from Mälardalens högskola/Akademin för utbildning, kultur och kommunikation

    Author : Bo Yuan; [2016]
    Keywords : bank runs; coordination games;

    Abstract : A bank run occurs when a large number of customers withdraw their deposits from a financial institution at the same time. This can destabilise the bank to the point where it runs out of cash and thus faces sudden bankruptcy. As more people withdraw their deposits, the likelihood of bankruptcy increases, thus triggering further withdrawals. READ MORE

  4. 4. Variables Important for Bankruptcy Prediction - A Logit Binary Approach

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Viktor Augustsson; Oscar Taurell; [2013]
    Keywords : bankruptcy prediction; Z-score model; logit binary; maximum likelihood; Business and Economics;

    Abstract : The purpose of this bachelor thesis is to estimate our own bankruptcy prediction model using logit binary data. Our choice of variables is based on Altman’s Z-score model 1968. A comparison is then done between results in Altman and our findings. READ MORE

  5. 5. Corporate Bankruptcy and the Knowledge-Based View - A quantitative analysis of the patent portfolio strength's impact on bankruptcy

    University essay from Handelshögskolan i Stockholm/Institutionen för företagande och ledning

    Author : Robert Rode; Sebastian Zimmer; [2013]
    Keywords : Knowledge-Based View; Bankrupty; Patents;

    Abstract : Little is known about the underlying causes of corporate bankruptcy from a strategic management position. Most research on bankruptcies stems from the field of accounting, while scholars in strategic management have so far mostly studied the determinants of superior rather than inferior performance. READ MORE