DocumentCode
1965612
Title
The Quantification Study on Emergencies and their Influence on Corporation Credit Risks
Author
Ye, Shujun ; Liang, Jing ; Gong, Fajin
Author_Institution
Sch. of Econ. & Manage., Beijing Jiaotong Univ., Beijing
fYear
2008
fDate
23-25 May 2008
Firstpage
778
Lastpage
782
Abstract
This study tries to reveal emergencies and their influence on corporation credit risks. Based on the recognition of emergency and its definition, we establish Poisson process model of emergencies and compound Poisson process model of emergenciespsila influence on corporation credit risks. And then, we do some quantification study on them. It turns out that the expectation of the influence can be quantified as a certain formula during a certain interval. Affected by emergencies, the time interval, in which a corporation credit level lasted, can also be ascertained.
Keywords
finance; risk analysis; stochastic processes; Poisson process model; corporation credit risks; emergency; Accidents; Companies; Control systems; Corporate acquisitions; Disaster management; Environmental economics; Genetic mutations; Information processing; Risk management; Stability;
fLanguage
English
Publisher
ieee
Conference_Titel
Information Processing (ISIP), 2008 International Symposiums on
Conference_Location
Moscow
Print_ISBN
978-0-7695-3151-9
Type
conf
DOI
10.1109/ISIP.2008.155
Filename
4554193
Link To Document