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