The Research on Applicability of Amended KMV Model with Different Industries
The determination of the default point is the key to applying the KMV model. In the traditional research, the default point is equal to the sum of short term debt and half of the long term debt empirically based on the credit data of American companies. But whether it is fit for the Chinese companie...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Atlantis Press
2013-05-01
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| Series: | Journal of Risk Analysis and Crisis Response (JRACR) |
| Subjects: | |
| Online Access: | https://www.atlantis-press.com/article/6653.pdf |