A Stochastic Model of Corporate Lifespan Based on Corporate Credit Ratings

Credit rating agencies and corporate lifecycles have been a subject of interest for practitioners and academics during the recent period of worldwide economic and debt crises. In this article, we examine what corporate lifespan the credit rating agencies predict. We employ the reliability theory com...

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Bibliographic Details
Main Authors: Ondrej Machek, Jiri Hnilica
Format: Article
Language:English
Published: SAGE Publishing 2013-09-01
Series:International Journal of Engineering Business Management
Online Access:https://doi.org/10.5772/56918