Predicting Corporate Financial Distress-Using Merton and Down-and-Out Call Frameworks
碩士 === 淡江大學 === 財務金融學系碩士班 === 93 === This paper uses the data of Taiwan’s listed companies form 1999 to 2003 to estimate the probabilities of default based on Merton (1974) and Down-and-Out Call (DOC) frameworks. We also apply the logit regression and power curve to investigate which measure contain...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2005
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| Online Access: | http://ndltd.ncl.edu.tw/handle/69154112281431707720 |