EconPapers    
Economics at your fingertips  
 

Credit risk and Basel II: are nonprofit firms financially different?

Barbara Luppi (), Massimiliano Marzo () and Antonello Scorcu ()

Applied Financial Economics Letters, 2008, vol. 4, issue 3, 199-203

Abstract: We estimate a model of credit risk for portfolios of small and medium-sized enterprises, conditional on being a nonprofit (NP) or for-profit (FP) firms. The estimation is based on a unique data set on Italian firms provided by a large commercial bank. We show that the main variables to identify creditworthiness are different for NP and FP firms. Traditional balance sheet information seems to be less crucial for NP firms.

Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Credit risk and Basel II: Are non-profit firms financially different? (2007) Downloads
Working Paper: Credit risk and Basel II: Are non-profit firms financially different? (2007) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apfelt:v:4:y:2008:i:3:p:199-203

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAFL20

DOI: 10.1080/17446540701604283

Access Statistics for this article

Applied Financial Economics Letters is currently edited by Mark Taylor

More articles in Applied Financial Economics Letters from Taylor and Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2022-08-20
Handle: RePEc:taf:apfelt:v:4:y:2008:i:3:p:199-203