Table of contents
Intuition and surprise
Michael R. PowersThis editorial seeks to address the importance of intuition and metaphor in the construction of logical systems of thought.
Why hedge? Rationales for corporate hedging and value implications
Kevin Aretz, Söhnke M. Bartram, Gunter DufeyIn the presence of capital market imperfections, risk management at the enterprise level is apt to increase the firm's value to shareholders by reducing costs associated with…
Calibrating risk‐neutral default correlation
Elisa LucianoThe implementation of credit risk models has largely relied either on the use of historical default dependence, as proxied by the correlation of equity returns, or on risk neutral…
Prediction of bank failures in emerging financial markets: an ANN approach
E. Nur Ozkan‐Gunay, Mehmed OzkanThe recent financial crises in the world have brought attention to the need for a new international financial architecture which rests on crisis prevention, crisis prediction and…
A generalized ROC approach for the validation of credit rating systems and scorecards
Stylianos Z. Xanthopoulos, Christos T. NakasThe purpose of this article is to introduce Receiver Operating Characteristic (ROC) surfaces and hyper‐surfaces within a banking context as natural generalizations of the ROC…
Impacts of interval measurement on studies of economic variability: Evidence from stock market variability forecasting
Ling T. He, Chenyi HuThe purpose of this study is to investigate the impacts of interval measured data, rather than traditional point data, on economic variability studies.
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1526-5943Online date, start – end:
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Emerald Publishing LimitedOpen Access:
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Balance SheetEditor:
- Nawazish Mirza