Blar i NHH Brage på forfatter "Liang, Xiaojing"
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An empirical estimation of the default risk of Chinese listed company based on the Merton-KMV Model
Liang, Xiaojing (Master thesis, 2012)This paper calculates the “Default Likelihood Indicators” (DLI) for Chinese listed companies by using the Merton-KMV model during the period from 2000 to 2010 and examines the predictive power the of the Merton-KMV model. ...