2021
DOI: 10.35808/ersj/2028
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Default Risk of Listed Companies in the Context of the Threat to Commodity Markets in the Times of COVID-19 Pandemic

Abstract: Purpose: The purpose of this study was to identify the threat of default risk among commodityrelated companies in European equity markets. Design/Methodology/Approach: Determination of the default risk of companies listed on several stock exchanges followed the Merton model by comparing the probability of

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Cited by 3 publications
(3 citation statements)
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References 16 publications
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“…The last publication classified for the purposes of this study indicated that there are 4 mechanisms explaining the essence of the operation of accelerators. The paper highlights the existing research gap in the subject of accelerators [3,65].…”
Section: Systematic Literature Reviewmentioning
confidence: 99%
“…The last publication classified for the purposes of this study indicated that there are 4 mechanisms explaining the essence of the operation of accelerators. The paper highlights the existing research gap in the subject of accelerators [3,65].…”
Section: Systematic Literature Reviewmentioning
confidence: 99%
“…He determined that the default risk of companies listed on multiple stock exchanges follows the Merton model by comparing bankruptcy probabilities for the time intervals from January 1, 2019 to June 30, 2019 and from January 1, 2020 to June 30, 2020. Calculations are based on data from the Wall Street Journal database ( 6 ). The purpose of Kiran D. was to study knowledge, attitudes and practices of physical distancing in the general population and to identify gaps in knowledge and practice of physical distancing among them.…”
Section: Related Workmentioning
confidence: 99%
“…La Font, Ruiz, Gil-Gómez e Oltra-Badenes (2020) fazem uma revisão bibliográfica e concluem que o interesse de pesquisa em geração de valor cresce desde 2000 e quase dobrou o número de citações de 2017 para 2018. Nota-se ainda que existem pesquisas que focam na análise de empresas em recuperação judicial, mas utilizam outros modelos, como o modelo de Merton (1974) (Szturo et al, 2021), foco no fluxo de caixa (Scabora, 2019), variáveis econômicas e financeiras, como margem líquida, lucro líquido e ROA (Firk, Richter, & Wolff, 2021e Jaki & Cwiek, 2020 e variáveis de controle, como o tempo em recuperação judicial, setor da empresa, se a recuperação é voluntária ou obrigatória, entre outros (Belli, 2020;.…”
Section: Estatísticaunclassified