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Found 2 essays matching the above criteria.

  1. 1. Determinants of Short-Term Value Creation through M&A for the Acquirer -The event study of the pharmaceutical industry focus on the Western European market

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Tong Yu; Junxian Li; [2019]
    Keywords : Pharmaceutical industry; Western Europe; Merge and Acquisition M A ; acquirers; value creation; determinants.; Business and Economics;

    Abstract : Purpose: The first objective is to find whether M&A create value for pharmaceutical acquiring companies in the Western European market from a short-term perspective. Then we aim to examine the determinants of value creation for the pharmaceutical acquirer in the Western European market. READ MORE

  2. 2. CREDIT RISK MANAGEMENT OF THE CHINESE BANKS BASED ON THE KMV MODEL

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Junxian Li; Maureen Olsson Lo; [2009]
    Keywords : credit risk; risk management; Chinese Banks; Moody’s KMV; Economics; econometrics; economic theory; economic systems; economic policy; Nationalekonomi; ekonometri; ekonomisk teori; ekonomiska system; ekonomisk politik; Business and Economics;

    Abstract : Due to the increasing need for advanced credit risk management and lacking quantitative credit risk measurement modeling at the Chinese banks, the purpose of this dissertation is to study the feasibility of applying the Western credit risk model, the Moody’s KMV (MKMV), to China. Because of the particular Chinese considerations, such as developing stage of financial market and lacking of default data, a modified MKMV model is suggested and tested. READ MORE