MODELING CREDIT RISK THROUGH CREDIT SCORING
Published: 2014-01-01
Volume: No 34 - June 2014
Pages: 105|116
Authors
- Adrian Cantemir
- Oana Cristina
Abstract
Credit risk governs all financial transactions and it is defined as the risk of suffering a loss due to certain shifts in the credit quality of a counterpart. Credit risk literature gravitates around two main modeling approaches: the structural approach and thereduced form approach. In addition to these perspectives, credit risk assessment has been conducted through a series of techniques such as credit scoring models, which form the traditional approach. This paper examines the evolution of these initiatives.
Keywords: credit risk, credit scoring models, Z – score, O – score, failure models
Cite this article
APA: Adrian Cantemir, Oana Cristina (2014). MODELING CREDIT RISK THROUGH CREDIT SCORING. Internal Auditing & Risk Management, Vol. 34, No. 34, pp. 105-116.
BibTeX:
@article{adriancantemir2014362,
title = {MODELING CREDIT RISK THROUGH CREDIT SCORING},
author = {Adrian Cantemir and Oana Cristina},
journal = {Internal Auditing & Risk Management},
year = {2014},
volume = {34},
pages = {105----116},
doi = {}
}