How to cite this paper
Amanollahi, G & Muhammad, J. (2016). The influence of micro economic factors on the default risk of leasing industry.Management Science Letters , 6(1), 99-108.
Refrences
Abdoh Tabrizi, H. (2009). Financial management Tehran: Shahid Beheshti.
Altman, E. I., Brady, B., Resti, A., & Sironi, A. (2005). The link between default and recovery rates: Theory, empirical evidence, and implications. Journal of Business-Chicago, 78(6), 2203.
Altman, E. I. (1989). Measuring corporate bond mortality and performance. Journal of Finance, 44(4), 909-922.
Aven, T., & Renn, O. (2009). On risk defined as an event where the outcome is uncertain. Journal of risk research, 12(1), 1-11.
Aven, T. (2010). On how to define, understand and describe risk. Reliability Engineering & System Safety, 95(6), 623-631.
Beattie, V., Edwards, K., & Goodacre, A. (1998). The impact of constructive operating lease capitalisation on key accounting ratios. Accounting and Business Research, 28(4), 233-254.
Bhattacharya, K. M. (2010). Risk management in Indian banks. Himalaya Publishing House.
Boobyer, C., & Christopher, L. (2003). Leasing and Asset Financial. United Kingdom: Euromoney books.
Breusch, T.S., & Pagan, A.R. (1979), A simple test for heteroscedasticity and random coefficient variation, Econometrica, 47, 1287-1294.
Ching, W. K., Fung, E., Ng, M., Siu, T. K., & Li, W. K. (2007). Interactive hidden Markov models and their applications. IMA Journal of Management Mathematics, 18(1), 85-97.
Deelen, L., Dupleich, M., Othieno, L., Wakelin, O., & Berold, R. (2003). Leasing for Small and Micro Enterprises. ILO.
Dichev, I. D. (1998). Is the risk of bankruptcy a systematic risk?. Journal of Finance, 53(3), 1131-1147.
Elsas, R., & Krahnen, J. P. (2000). Collateral, default risk, and relationship lending: an empirical study on financial contracting (No. 1999/13). CFS Working Paper.
Faulkender, M., & Petersen, M. A. (2006). Does the source of capital affect capital structure?. Review of Financial Studies, 19(1), 45-79.
Feldstein, S. G., & Fabozzi, F. J. (2011). The handbook of municipal bonds(Vol. 155). John Wiley & Sons.
Grenadier, S. R. (1996). The strategic exercise of options: Development cascades and overbuilding in real estate markets. The Journal of Finance,51(5), 1653-1679.
Hildreth, W. B. (1993). State and local governments as borrowers: Strategic choices and the capital market. Public Administration Review, 41-49.
Kisgen, D. J. (2006). Credit ratings and capital structure. The Journal of Finance, 61(3), 1035-1072.
Krause, A. (2006). Risk Management. Bradford: GBR: Emerald Group Publishing Limited.
Lee, C. (2006). Advances in Quantitative Analysis of Finance and Accounting. River Edge, NJ, USA: World Scientific.
Lee, C. F. (2009). Advances in quantitative analysis of finance and accounting(Vol. 7). Airiti Press.
Philippe, J. (1996). Value at risk: the new benchmark for controlling market risk. Chicago: Irwin Professional.
Jurgita, B. (2011). An overview of the European leasing market in 2009. World Leasing Yearbook (edited by Adrian Hornbrook); A Euromoney Publication 2011, 46-55.
Madura, J. (2003). International financial management. South-Western.
McConnell, J. J., & Schallheim, J. S. (1983). Valuation of asset leasing contracts. Journal of Financial Economics, 12(2), 237-261.
Miri, S. H. (2008). Leasing & apos; s role in the credit cycle Iran (Vol. 203). Tehran Institute for monetary and banking central bank of Islamic republic of Iran.
Nelson, C. H., & Loehman, E. T. (1987). Further toward a theory of agricultural insurance. American Journal of Agricultural Economics, 69(3), 523-531.
Pozzolo, A. F. (2004). The role of guarantees in bank lending.
Porter, K. (2007). Bankrupt profits: The credit industry & apos; s business model for postbankruptcy lending. Iowa L. Rev., 93, 1369.
Rahmani, A. (2011). Leasing in Iran World leasing yearbook 2011, 1 (Eurmoney yearbook), 547.
Schallheim, J. S., Johnson, R. E., Lease, R. C., & McConnell, J. J. (1987). The determinants of yields on financial leasing contracts. Journal of Financial Economics, 19(1), 45-67.
Schallheim, J. S., & McCONNELL, J. O. H. N. (1985). A model for the determination of “fair” premiums on lease cancellation insurance policies. The Journal of Finance, 40(5), 1439-1457.
Schmit, M., & Stuyck, J. (2002, September). Recovery rates in the leasing industry. In Working Paper presented at Leaseurope’s Annual Working Meeting, Salzburg.
Schmit, M. (2004). Credit risk in the leasing industry. Journal of banking & finance, 28(4), 811-833.
Shanmugam, K. R., & Das, A. (2004). Efficiency of Indian commercial banks during the reform period. Applied Financial Economics, 14(9), 681-686.
Siu, T. K., Ching, W. K., Fung, E. S., & Ng, M. K. (2005). Extracting information from spot interest rates and credit ratings using double higher-order hidden Markov models. Computational Economics, 26(3-4), 69-102.
Stewart, W. J. (1994). Introduction to the numerical solutions of Markov chains. Princeton Univ. Press.
Stickney, C., Weil, R., Schipper, K., & Francis, J. (2009). Financial accounting: an introduction to concepts, methods and uses. Cengage Learning.
Tang, L. (2008). Credit risk. Master of Philosophy, Hong Kong.
Tong, H. (1977). Discussion of a paper by AJ Lawrance and NT Kottegoda.Journal of Royal Statistical Society: Series A, 140, 34-35.
Woo, W. H., & Siu, T. K. (2004). A dynamic binomial expansion technique for credit risk measurement: a Bayesian filtering approach. Applied Mathematical Finance, 11(2), 165-186.
Zeitun, R. (2009). Ownership structure, corporate performance and failure: Evidence from panel data of emerging market the case of Jordan. Corporate Ownership and Control, 6(4), 96.
Altman, E. I., Brady, B., Resti, A., & Sironi, A. (2005). The link between default and recovery rates: Theory, empirical evidence, and implications. Journal of Business-Chicago, 78(6), 2203.
Altman, E. I. (1989). Measuring corporate bond mortality and performance. Journal of Finance, 44(4), 909-922.
Aven, T., & Renn, O. (2009). On risk defined as an event where the outcome is uncertain. Journal of risk research, 12(1), 1-11.
Aven, T. (2010). On how to define, understand and describe risk. Reliability Engineering & System Safety, 95(6), 623-631.
Beattie, V., Edwards, K., & Goodacre, A. (1998). The impact of constructive operating lease capitalisation on key accounting ratios. Accounting and Business Research, 28(4), 233-254.
Bhattacharya, K. M. (2010). Risk management in Indian banks. Himalaya Publishing House.
Boobyer, C., & Christopher, L. (2003). Leasing and Asset Financial. United Kingdom: Euromoney books.
Breusch, T.S., & Pagan, A.R. (1979), A simple test for heteroscedasticity and random coefficient variation, Econometrica, 47, 1287-1294.
Ching, W. K., Fung, E., Ng, M., Siu, T. K., & Li, W. K. (2007). Interactive hidden Markov models and their applications. IMA Journal of Management Mathematics, 18(1), 85-97.
Deelen, L., Dupleich, M., Othieno, L., Wakelin, O., & Berold, R. (2003). Leasing for Small and Micro Enterprises. ILO.
Dichev, I. D. (1998). Is the risk of bankruptcy a systematic risk?. Journal of Finance, 53(3), 1131-1147.
Elsas, R., & Krahnen, J. P. (2000). Collateral, default risk, and relationship lending: an empirical study on financial contracting (No. 1999/13). CFS Working Paper.
Faulkender, M., & Petersen, M. A. (2006). Does the source of capital affect capital structure?. Review of Financial Studies, 19(1), 45-79.
Feldstein, S. G., & Fabozzi, F. J. (2011). The handbook of municipal bonds(Vol. 155). John Wiley & Sons.
Grenadier, S. R. (1996). The strategic exercise of options: Development cascades and overbuilding in real estate markets. The Journal of Finance,51(5), 1653-1679.
Hildreth, W. B. (1993). State and local governments as borrowers: Strategic choices and the capital market. Public Administration Review, 41-49.
Kisgen, D. J. (2006). Credit ratings and capital structure. The Journal of Finance, 61(3), 1035-1072.
Krause, A. (2006). Risk Management. Bradford: GBR: Emerald Group Publishing Limited.
Lee, C. (2006). Advances in Quantitative Analysis of Finance and Accounting. River Edge, NJ, USA: World Scientific.
Lee, C. F. (2009). Advances in quantitative analysis of finance and accounting(Vol. 7). Airiti Press.
Philippe, J. (1996). Value at risk: the new benchmark for controlling market risk. Chicago: Irwin Professional.
Jurgita, B. (2011). An overview of the European leasing market in 2009. World Leasing Yearbook (edited by Adrian Hornbrook); A Euromoney Publication 2011, 46-55.
Madura, J. (2003). International financial management. South-Western.
McConnell, J. J., & Schallheim, J. S. (1983). Valuation of asset leasing contracts. Journal of Financial Economics, 12(2), 237-261.
Miri, S. H. (2008). Leasing & apos; s role in the credit cycle Iran (Vol. 203). Tehran Institute for monetary and banking central bank of Islamic republic of Iran.
Nelson, C. H., & Loehman, E. T. (1987). Further toward a theory of agricultural insurance. American Journal of Agricultural Economics, 69(3), 523-531.
Pozzolo, A. F. (2004). The role of guarantees in bank lending.
Porter, K. (2007). Bankrupt profits: The credit industry & apos; s business model for postbankruptcy lending. Iowa L. Rev., 93, 1369.
Rahmani, A. (2011). Leasing in Iran World leasing yearbook 2011, 1 (Eurmoney yearbook), 547.
Schallheim, J. S., Johnson, R. E., Lease, R. C., & McConnell, J. J. (1987). The determinants of yields on financial leasing contracts. Journal of Financial Economics, 19(1), 45-67.
Schallheim, J. S., & McCONNELL, J. O. H. N. (1985). A model for the determination of “fair” premiums on lease cancellation insurance policies. The Journal of Finance, 40(5), 1439-1457.
Schmit, M., & Stuyck, J. (2002, September). Recovery rates in the leasing industry. In Working Paper presented at Leaseurope’s Annual Working Meeting, Salzburg.
Schmit, M. (2004). Credit risk in the leasing industry. Journal of banking & finance, 28(4), 811-833.
Shanmugam, K. R., & Das, A. (2004). Efficiency of Indian commercial banks during the reform period. Applied Financial Economics, 14(9), 681-686.
Siu, T. K., Ching, W. K., Fung, E. S., & Ng, M. K. (2005). Extracting information from spot interest rates and credit ratings using double higher-order hidden Markov models. Computational Economics, 26(3-4), 69-102.
Stewart, W. J. (1994). Introduction to the numerical solutions of Markov chains. Princeton Univ. Press.
Stickney, C., Weil, R., Schipper, K., & Francis, J. (2009). Financial accounting: an introduction to concepts, methods and uses. Cengage Learning.
Tang, L. (2008). Credit risk. Master of Philosophy, Hong Kong.
Tong, H. (1977). Discussion of a paper by AJ Lawrance and NT Kottegoda.Journal of Royal Statistical Society: Series A, 140, 34-35.
Woo, W. H., & Siu, T. K. (2004). A dynamic binomial expansion technique for credit risk measurement: a Bayesian filtering approach. Applied Mathematical Finance, 11(2), 165-186.
Zeitun, R. (2009). Ownership structure, corporate performance and failure: Evidence from panel data of emerging market the case of Jordan. Corporate Ownership and Control, 6(4), 96.