Predicting default among UK companies: a Merton approach
نویسنده
چکیده
Recent research at the Bank has been aimed at quantifying the risk of default by individual companies. There are a number of separate ways in which this can be assessed. First, by informal judgement based on company visits and accounting information. Second, by formal quantitative analysis of accounting information and other disclosures. Third, by formal quantitative analysis of market-based indicators. All three of these methods can be combined to provide an overall assessment.
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تاریخ انتشار 2003