© 2002

Modelling the Survival of Financial and Industrial Enterprises

Advantages, Challenges and Problems with the Internal Ratings-based (IRB) Method

  • Authors

Table of contents

  1. Front Matter
    Pages i-xvi
  2. Understanding the Contribution of Science and of Models

  3. Elements of the Internal Rating-Based Method

    1. Front Matter
      Pages 65-65
    2. Dimitris N. Chorafas
      Pages 91-112
    3. Dimitris N. Chorafas
      Pages 113-134
  4. Forecasting, Reporting, Evaluating and Exercising Market Discipline

    1. Front Matter
      Pages 135-135
    2. Dimitris N. Chorafas
      Pages 137-156
    3. Dimitris N. Chorafas
      Pages 157-178
    4. Dimitris N. Chorafas
      Pages 179-200
  5. What to do and not to do with Models

    1. Front Matter
      Pages 201-201
    2. Dimitris N. Chorafas
      Pages 224-244
  6. Facing the Challenge of Model Risk

    1. Front Matter
      Pages 245-246
    2. Dimitris N. Chorafas
      Pages 247-267
    3. Dimitris N. Chorafas
      Pages 268-287
  7. Back Matter
    Pages 288-297

About this book


This book analyses the use of modelling in charting the survival of financial and industrial enterprises. The author shows how to use models effectively, and goes on to consider the pitfalls that can occur. The book contains plenty of practical examples, making this a useful 'how to' guide.


actuarial science calculus modeling rating value at risk

About the authors

Dimitris N. Chorafas served on the faculty of the Catholic University of America and as Visiting Professor at Washington State University, George Washington University, University of Vermont, University of Florida, and Georgia Institute of Technology in the United States, as well as the University of Alberta, Technical University of Karlsruhe, Ecole d'Etudes Industrielles de l'Université de Genève, Ecole Polytechnic Fédérale de Lausanne, Polish Academy of Sciences and Russian Academy of Sciences. More than 8,000 banking, industrial and government executives participated in his seminars in the United States, England, Germany, Italy, other European countries, Asia and Latin America. Chorafas is the author of 160 books, translated into several languages world-wide.

Bibliographic information

Industry Sectors
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Finance, Business & Banking