The purpose of this study is to examine the impact of the choice of cut-off points,
sampling procedures, and the business cycle on the accuracy of bankruptcy prediction
models. Misclassification can result in erroneous ...
O'Fallon and Butterfield (2005) in a review of the business ethics literature concluded that
"ethical awareness" also called ethical sensitivity has received the least attention of the four steps
in Rest's (1986) ethical ...
For predicting future volatility, empirical studies find mixed results regarding two
issues: (1) whether model free implied volatility has more information content than
Black-Scholes model-based implied volatility; (2) ...
There is a body of academic literature addressing two issues of importance for leveling the
playing field for all classes of investors: 1) the impact of institutional investors on liquidity; and
2) the impact of Regulation ...
The aim of this thesis is to price options on equity index futures with an application to
standard options on S&P 500 futures traded on the Chicago Mercantile Exchange. Our
methodology is based on stochastic dynamic ...