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Palgrave Macmillan

Modelling the Survival of Financial and Industrial Enterprises

Advantages, Challenges and Problems with the Internal Ratings-based (IRB) Method

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  • © 2002

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Table of contents (13 chapters)

  1. Understanding the Contribution of Science and of Models

  2. Elements of the Internal Rating-Based Method

  3. Forecasting, Reporting, Evaluating and Exercising Market Discipline

  4. What to do and not to do with Models

  5. Facing the Challenge of Model Risk

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About this book

This book analyses the use of modelling in charting the survival of financial and industrial enterprises. The author shows how to use models effectively, and goes on to consider the pitfalls that can occur. The book contains plenty of practical examples, making this a useful 'how to' guide.

About the author

Dimitris N. Chorafas served on the faculty of the Catholic University of America and as Visiting Professor at Washington State University, George Washington University, University of Vermont, University of Florida, and Georgia Institute of Technology in the United States, as well as the University of Alberta, Technical University of Karlsruhe, Ecole d'Etudes Industrielles de l'Université de Genève, Ecole Polytechnic Fédérale de Lausanne, Polish Academy of Sciences and Russian Academy of Sciences. More than 8,000 banking, industrial and government executives participated in his seminars in the United States, England, Germany, Italy, other European countries, Asia and Latin America. Chorafas is the author of 160 books, translated into several languages world-wide.

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