Essays about: "The Risk of Financial Distress"

Showing result 1 - 5 of 46 essays containing the words The Risk of Financial Distress.

1. 1. ESG Ratings and Stock Market Performance: Evidence of a Shift in Investor Preferences during a Period of Economic Distress in Scandinavia

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

   Author : Johanna Hallstedt; Tim Nyllinge; [2023]
   Keywords : Socially Responsible Investing; ESG; Sustainable Investments; Corporate Resilience; Financial Risk;

   Abstract : During the Covid-19 crisis, firms with high environmental, social, and governance (ESG) ratings traded within the Scandinavian markets had more significant pandemic-induced drops in stock returns than firms with low profiles in ESG. The difference was close to ten percentage points more severe for high-ESG compared to low-ESG firms. READ MORE

3. 2. Staying alive - On the composition of corporate boards and financial distress risk

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

   Author : Markus Nilsson; Joel Robling; [2023]
   Keywords : Corporate governance; Financial distress; Agency theory; Logistic regression; Board composition;

   Abstract : This study investigates the relationship between corporate governance and financial distress, considering a sample of 237 publicly listed Swedish firms between 2011 and 2021. The two phenomena have been frequently discussed in academia, and in line with prior literature, an agency theory perspective permeates the analysis. READ MORE

4. 3. Capturing time variation within systemic risk estimation

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Christian Hovstadius; Baltsar Lindgren; [2023]
   Keywords : Systemic risk; CoVaR; State variables; Lasso; PCA; Business and Economics;

   Abstract : Systemic risk can be defined as the risk to the whole financial system. Financial institutions may contribute more or less to this risk, and measuring the systemic risk contributions of institutions is of central importance for regulators. READ MORE

5. 4. Trends in the Capital Structure and Risk Assessment of Swedish Real Estate Companies : A Study on the Impact of the 2022-2023 Shift in Interest Rates

   University essay from KTH/Fastighetsföretagande och finansiella system

   Author : Karolina Landgärds; Hanna Lövgren; [2023]
   Keywords : Real estate; Capital structure; Financial risk; Interest rate risk; Fastigheter; Kapitalstruktur; Finansiell risk; Ränterisk;

   Abstract : This study aims to analyse the changes in the capital structure of Swedish real estate companies over the past five years, with a particular focus on the period 2022-2023, characterised by the policy interest rate increasing from zero to 3.5 percent. READ MORE

6. 5. Macroeconomic Determinants of Sovereign Credit Risk

   University essay from

   Author : Adam Aleb; Rashid Hassan; [2022-07-04]
   Keywords : Macroeconomic Determinants; Credit Risk; Government Bond Yields; Cointegration; Long-run and Short-run Determinants; VECM; ARDL; FEVD;

   Abstract : This report analyzes the macroeconomic determinants of sovereign bond yields in three different economies: the US, a large open economy and a benchmark in the financial markets, Sweden, a small open economy that has successfully dealt with financial crisis, and Italy, a large open economy with a history of financial distress. Cointegration techniques of the VECM and the ARDL model were used to derive the short-run and the long-run determinants of sovereign bond yields. READ MORE