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Showing result 1 - 5 of 15 essays matching the above criteria.

1. 1. Green Numbers in Grey Areas: A study on what methods credit analysts use to integrate incomplete ESG data in the credit rating process

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

   Author : Erik Voss-Schrader; Gustav Ryhre; [2024]
   Keywords : Credit; Debt; Rating; ESG; Epistemic;

   Abstract : In response to the urgent need to address global warming, this study investigates the efforts of two credit rating agencies (CRAs), Aries and Orion, to integrate environmental, social, and governance (ESG) factors into their financial analyses amidst challenges posed by inconsistent and unstandardized data. Based on interviews with nine CRA representatives and Knorr Cetina's theory of epistemic cultures, the present study reveals the difficulties faced by the CRAs with directly linking ESG factors to credit ratings. READ MORE

3. 2. Multi-factor approximation : An analysis and comparison ofMichael Pykhtin's paper “Multifactor adjustment”

   University essay from Umeå universitet/Institutionen för matematik och matematisk statistik

   Author : Michael Zanetti; Philip Güzel; [2023]
   Keywords : Credit risk; Value at Risk; Expected Shortfall; Monte Carlo simulation; Advanced Internal Rantings-Based models; Kreditrisk; Value at Risk; Expected Shortfall; Monte Carlo simulation; Advanced Internal Rantings-Based-modeller;

   Abstract : The need to account for potential losses in rare events is of utmost importance for corporations operating in the financial sector. Common measurements for potential losses are Value at Risk and Expected Shortfall. These are measures of which the computation typically requires immense Monte Carlo simulations. READ MORE

4. 3. The impact of socio-economic factors and attributes on repayment ability in Microfinancing : A study of microfinance programs in the Amhara region

   University essay from Södertörns högskola/Nationalekonomi

   Author : Zeinab Hassano; Felicia Nordgren; [2020]
   Keywords : Microfinance; Psychometrics testinMicrofinance; Psychometrics testing; Group-lending; Disruptive technology; Ethiopia; repayment ability; collateral constraints;

   Abstract : An insufficient financial market means that poor individuals cannot access financial capital, making it difficult for them to generate a stable income. Formal banks see these individuals as unreliable customers because of their financial background and see a risk that these potential customers will not repay their loans, which would put the bank at risk. READ MORE

5. 4. Can the Guarantee Instrument Fight Poverty? : A Minor Field Study in the Morogoro Region in Tanzania

   University essay from Linköpings universitet/Nationalekonomi

   Author : Linnéa Prytz; Ida Norman; [2019]
   Keywords : Guarantee instrument; Financial access; Productivity; Welfare; Tanzania; Agriculture;

   Abstract : The role of access to finance for economic development has received extensive attention recently, which has brought the issue to the top of the policy agenda. The growing attention has resulted in several public policy initiatives to encourage access to financial services, especially in low-income countries where credit constraints are severe. READ MORE

6. 5. Measuring cost efficiency of banks with different ownership types: Evidence from Belarus

   University essay from Göteborgs universitet/Graduate School

   Author : Nastassia Dzianisava; [2018-07-02]
   Keywords : Stochastic Frontier Analysis; cost efficiency; Belarusian banking sector;

   Abstract : This study investigates the correlation between the level of a bank’s cost efficiency and its belonging to one of the four ownership types existing in the Belarusian banking sector: core state-controlled, other state-controlled, foreign-controlled and domestic private banks. In order to analyze the data from the financial statements of all registered banks in Belarus under the period of 2010-2016, the Stochastic Frontier Analysis (SFA) is applied. READ MORE