Title :
Testing Modern Option Pricing Theory on the Early-warning of Financial Distress
Author_Institution :
Sch. of Econ., Beijing Technol. & Bus. Univ., Beijing, China
Abstract :
This paper introduce the modern option pricing theory as the theory frame, and use the classical BSM option pricing model to measure the financial distress degree with listed companies´ data of China.
Keywords :
financial management; pricing; BSM option pricing model; China listed companies; financial distress degree; financial distress early warning; option pricing theory; Banking; Biological system modeling; Convergence; Logistics; Pricing; Springs; Early-warning; Financial distresses; Option Pricing Theory;
Conference_Titel :
E-Business and E-Government (ICEE), 2010 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-0-7695-3997-3
DOI :
10.1109/ICEE.2010.1177
