Evaluating of Loan Guarantees Between Parent and Subsidiary Based on Vulnerable Option
Loan guarantees between parent and subsidiary is the main related transaction in business group, its correct estimation is the foundation of controlling group’s credit risk. Applying option theory, this paper researches the vulnerable option characters of loan guarantees, gives the valuation model u...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Society for Risk Analysis - China
2012-03-01
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| Series: | Journal of Risk Analysis and Crisis Response (JRACR) |
| Subjects: | |
| Online Access: | https://www.atlantis-press.com/article/2461.pdf |