Estimation of Default Probabilities: Application of the Discriminant Analysis and the Structural Approach for Companies Listed on the BVC

Lahsen Oubdi, Abdessamad Touimer
2017 Journal of Financial Risk Management  
This article aims to compare the calculated results of the structural approach (Internal Ratings-Based IRB) and the discriminant analysis (Z-score of Altman, 1968), based on data from companies listed on the BVC for the period from 02
doi:10.4236/jfrm.2017.63021 fatcat:pjq4iloobbfjtbuiifxpxhzaku