Concepedia

The Contingent Claims Approach to Corporate Vulnerability Analysis: Estimating Default Risk and Economy-Wide Risk Transfer

Michael Gapen, Cheng Hoon Lim, Yingbin Xiao

SSRN Electronic Journal · 2004 · 48 citations · 10 references

DOIFull text

Open access

Concepts

References

10

The Pricing of Options and Corporate Liabilities

Fischer Black, Myron S. Scholes · Journal of Political Economy · 1973 · 29.4K citations

, , +13

FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY

Edward I. Altman · The Journal of Finance · 1968 · 13.6K citations

, , +16

ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*

Robert C. Merton · The Journal of Finance · 1974 · 11K citations · Full text

, , +16

ZETATM analysis A new model to identify bankruptcy risk of corporations

Edward I. Altman, R. G. Haldeman, Paul Narayanan · Journal of Banking & Finance · 1977 · 1.8K citations

, , +14

Options, Futures, and Other Derivative Securities.

Gerald D. Gay, John Hull · The Journal of Finance · 1990 · 1.2K citations

, , +17