The determinants of bank default risk: Evidences from Vietnamese commercial banks
This study aims to measure default risk of Vietnamese commercial banks and determine its drivers. The proxy for default risk is market-based distance to default following option pricing method of Black and Scholes (1973) and the structural method of Merton (1974). The average distance to default of...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2017
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| Online Access: | https://eprints.nottingham.ac.uk/45759/ |