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Asymmetric Cost Behavior - Implications for the Credit and Financial Risk of a Firm (Paperback, 1st ed. 2019)
Loot Price: R1,557
Discovery Miles 15 570
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Asymmetric Cost Behavior - Implications for the Credit and Financial Risk of a Firm (Paperback, 1st ed. 2019)
Series: Quantitatives Controlling
Expected to ship within 10 - 15 working days
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The thesis of Kristina Reimer provides a comprehensive analysis of
asymmetric cost behavior (also known as cost stickiness) by
discussing its origin and development in the theoretical and
empirical research from the 1920s of the past century up until
today. Further, using an empirical approach, she investigates the
implications of asymmetric cost behavior for credit and financial
risk of a firm. In addition, she provides an introduction into
credit risk fundamentals by focusing on credit default swaps.
Thereby she analyses the development of credit default swap market
as well as the components of credit spreads. Finally, she provides
several suggestions for future research.
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