this study was designed to investigate the demand for institutional credit among small scale farmers in imo state. a sample of 40 livestock and 50 food crop farmers were selected respectively using multistage random sampling technique. data were collected with a well structured questionnaire administered to a total of 90 randomly selected farmers. data collected were analyzed using descriptive ...

0957-4174/$ see front matter 2011 Elsevier Ltd. A doi:10.1016/j.eswa.2011.04.191 ⇑ Corresponding author at: School of Management, ogy, Hefei, Anhui 230009, PR China. Tel.: +852 9799 0 E-mail address: [email protected] (G. Wang). With the rapid growth and increased competition in credit industry, the corporate credit risk prediction is becoming more important for credit-granting institutions. ...

This study evaluates the impact of earnings on firm credit risk as captured by Credit Default Swaps (CDS). We find that earnings (changes) are negatively correlated with one-year swap premia (changes) after controlling for equity returns but not with longer term premia (changes). We also find that earnings surprises are significantly correlated with one-year CDS premia changes in the short wind...

The collapse of so many AAA-rated structured ...nance products in 2007-2008 has brought renewed attention to the causes of ratings failures and the con‡icts of interest in the Credit Ratings Industry. We provide a model of competition among Credit Ratings Agencies (CRAs) in which there are three possible sources of con‡icts: 1) the CRA con‡ict of interest of understating credit risk to attract ...

0957-4174/$ see front matter 2010 Elsevier Ltd. A doi:10.1016/j.eswa.2010.04.054 * Corresponding author. E-mail addresses: [email protected] (D. Zhan Zhou), [email protected] (S.C.H. Leung). In recent years, more and more people, especially young people, begin to use credit card with the changing of consumption concept in China so that the business on credit cards is growing fast. The...

We develop a dynamic general equilibrium model of capital accumulation where credit is intermediated by banks operating in a Cournot oligopoly. The number of banks affects capital accumulation through two channels. First, it affects the quantity of credit available to entrepreneurs. Second, it affects banks’ decisions to collect costly information about entrepreneurs, and thus determines the ef...

the study was designed to analyze credit receipt and enterprise performance by small scale agro based enterprises in the niger delta region of nigeria. a multistage sampling technique was adopted in selecting 264 agro based enterprises and 96 agro based enterprises that accessed informal and formal credit respectively. the heckman model was used to examine the factors affecting amount of inform...

This paper looks at the e¤ect of credit constraints on skill acquisition when agents have heterogeneous abilities and wealth. We use a general equilibrium model and assume credit markets are absent. Two payment systems for training are explored. Under the …rst, payment is made up front and as a result, credit constraints are severe. In the second, a form of work study is allowed, and this helps...

Organizations need to protect information assets against cyber crime, denial-of-service attacks, web hackers, data breaches, identity and credit card theft, and fraud. Criminals often try to achieve financial, political, or personal gain through these attacks, so the threats that their actions prompt are insidious motivators for organizations to adopt information systems security (ISS) approach...

Identity fraud is the great matter of concern in the field of the e-commerce. Identity Fraud is more than a security issue it is a financial burden as in transaction and application domain the culprit can make serious problems for the victims as they can be affected with unethical activity by using victims’ private information for the economic gain. Application fraud is one of the prominent exa...