Essays about: "bankruptcy costs"

Showing result 1 - 5 of 14 essays containing the words bankruptcy costs.

1. 1. Optimal Capital Structures under the Vasicek Stochastic Interest Rate Model

   University essay from KTH/Matematik (Avd.)

   Author : Oscar Danielson; Tom Hagéus; [2023]
   Keywords : Vasicek model; stochastic interest rate model; optimal capital structures; tax benefits; bankruptcy costs; transaction costs; optimal leverage ratio; optimal debt maturity; Vasicekmodell; stokastisk räntemodell; optimala kapitalstrukturer; skattefördelar; konkurskostnader; transaktionskostnader; optimal belåningsgrad; optimal löptid;

   Abstract : This study applies the Vasicek stochastic interest rate model in order to determine optimal capital structures for listed firms. A Swedish interest rate data set is used to estimate Vasicek model parameter that are reliable and independent of initial start values. READ MORE

3. 2. IN SEARCH OF A PARSIMONIOUS BANKRUPTCY MODEL FOR PRIVATE FIRMS AND THE COST TO LENDERS

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : John-Edward Olingsberg; Oscar Küntzel; [2019]
   Keywords : Private Default Prediction; Hazard Model; Basel III; Misclassification Costs; Parsimonious;

   Abstract : This paper comprehensively reviews in excess of 200 financial and non-financial covariates in search of a parsimonious bankruptcy prediction model for the private market. Financial and real-estate companies aside, the entire population of Swedish independent, limited liability companies are examined between 1998-2017 corresponding to 245,844 unique companies and 55,411 corporate default events. READ MORE

4. 3. Structural Modelling of Credit Spreads on the European Bond Market: An Empirical Study

   University essay from Lunds universitet/Matematisk statistik

   Author : Marcus Zethraeus; Magnus Roos; [2017]
   Keywords : Structural models; Merton model; Black Cox model; European corporate bond spreads; Mathematics and Statistics;

   Abstract : This thesis empirically tests the explanatory power of structural models on the European corporate bond market. Using new evaluation methods, including LASSO and gradient boosting regression, we can provide an in-depth assessment of the models’ shortcomings. READ MORE

5. 4. Entrepreneurial Venture Failure Experiences : An analysis into causes, costs, and outcomes of venture failure

   University essay from KTH/Entreprenörskap och Innovation; KTH/Industriell Marknadsföring och Entreprenörskap

   Author : Amirali Piadehbasmenj; [2016]
   Keywords : Failure; Venture Failure; Entrepreneur Failure; Business Failure; Bankruptcy; Discontinuity; Insolvency; Liquidation; Dissolution; Causes of Failure; Costs of Failure; Financial Costs of Failure; Social Costs of Failure; Psychological Costs of Failure; Cope with Failure; Venture Recovery; Re-entry into Entrepreneurship; Financial loss; Outcome from Failure; Learning from Failure.; Misslyckande; Företaget Fel; Entreprenör misslyckande; Konkurser; Konkurs; Likvidation; Upplösning; Orsaker till misslyckande; Kostnader för fel; Finansiella kostnaderna för ett misslyckande; Sociala kostnaderna för ett misslyckande; Psykologiska kostnaderna för ett misslyckande; klara fel; Ekonomisk skada; Entreprenöriella processen.;

   Abstract : Research on entrepreneurship focuses on success which ignores the high failure rate of new ventures. Many new ventures fail so how entrepreneurs deal with it when their venture fails? Successful entrepreneurs praising the advantages of failure as a valuable teacher. READ MORE

6. 5. ENTREPRENEURIAL VENTURE FAILURE EXPERIENCES : AN ANALYSIS INTO CAUSES, COSTS, ANDOUTCOMES OF VENTURE FAILURE

   University essay from KTH/Industriell Marknadsföring och Entreprenörskap

   Author : AMIRALI PIADEHBASMENJ; [2016]
   Keywords : Failure; Venture Failure; Entrepreneur Failure; Business Failure; Bankruptcy; Discontinuity; Insolvency; Liquidation; Dissolution; Causes of Failure; Costs of Failure; Financial Costs of Failure; Social Costs of Failure; Psychological Costs of Failure; Cope with Failure; Venture Recovery; Re-entry into Entrepreneurship; Financial loss; Entrepreneurial Process; Re-motivation Re-entry theories; Outcome from Failure; Learning from Failure.; Misslyckande; Företaget Fel; Entreprenör misslyckande; Konkurser; Konkurs; ;

   Abstract : Forskning om entreprenörskap fokuserar på framgång som ignorerar den höga felfrekvensen av Nya företag. Många nya företag misslyckas så hur entreprenörer hantera det när deras företag misslyckas? Framgångsrika entreprenörer prisar fördelarna med misslyckande som en värdefull lärare. READ MORE