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Asymmetric Cost Behavior: Implications for the Credit and Financial Risk of a Firm 2019 Edition
Contributor(s): Reimer, Kristina (Author)
ISBN: 3658228210     ISBN-13: 9783658228217
Publisher: Springer Gabler
OUR PRICE:   $52.24  
Product Type: Paperback - Other Formats
Published: July 2018
Qty:
Additional Information
BISAC Categories:
- Business & Economics | Accounting - Managerial
- Business & Economics | Accounting - Financial
- Business & Economics | Insurance - Risk Assessment & Management
Dewey: 657
Series: Quantitatives Controlling
Physical Information: 0.39" H x 5.83" W x 8.27" (0.49 lbs) 156 pages
 
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Publisher Description:

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.