abstract financial and electronic debts are one of the important issues in iran's financial scope that are considered by economists due to their role in creating financial instabilities. therefore, a model was represented in this survey to evaluate and rank financial and electronic debts in iran including foreign debts, governmental debts, non-governmental debts and banking debts during th...

I study the role of credit ratings in crises by introducing a financial market in a coordination game with borrowers that must rollover their debts. The asset price aggregates dispersed private information acting as a public noisy signal. Credit rating agencies use this price to set their ratings. Moreover, agencies know that credit ratings influence lending decisions, thus affecting the credit...

the legislator needs to legal entity to management of financial crisis of bankrupts in order toyour goals. the legal entity that plays an important role in management of financial crisis of bankrupts is “discharge”.the definition of discharge is that the bankrupt discharge from payment of debts after the bankruptcy proceeding. the goal of discharge is “fresh start” of bankrupt. the positive eff...

This paper explores the relationship between consumer credit clients’ pay back performance and some demographic and financial variables (age, income, sex, interest rate, loan size and etc.). There are basically six functional associated with credit lending activities of banks in general: (1) assessment of the customers credit risk; (2) making the credit granting decision; (3) collecting debts; ...

In spite of its commercial importance and signs of clear concern in public policy arenas, trade credit has not been subjected to systematic, extended analysis in the business ethics literature, even where suppliers as a stakeholder group have been considered. This paper makes the case for serious consideration of the ethics of trade credit and explores the issues surrounding slow payment of deb...

The credit default swap has become well-known as one of the causes of the 2007-2010 credit crisis but more research is vitally needed to analyze and define its impact more precisely and help the financial market transparency. This paper uses cartesian genetic programming as a discovery tool for finding the relationship between credit default swap spreads and debts and studying the arbitrage cha...

The current financial and economic crisis is the worst since the stock-market crash of 1929. As with every complex phenomenon, a mixture of causes have been put forward: the housing-market bubble, risky mortgage loans, ‘toxic’ financial products, high personal and corporate debts, inaccurate credit ratings, and much more. The shockwaves have spread so rapidly and hit so hard that entire banking...