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Asymmetric Cost Behavior by Kristina Reimer
Asymmetric Cost Behavior by Kristina Reimer
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Asymmetric Cost Behavior

Implications for the Credit and Financial Risk of a Firm
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Description

The thesis of Kristina Reimer provides a comprehensive analysis of asymmetric cost behavior (also known as cost stickiness) by discussing its origin and development in the theoretical and empirical research from the 1920s of the past century up until today. Further, using an empirical approach, she investigates the implications of asymmetric cost behavior for credit and financial risk of a firm. In addition, she provides an introduction into credit risk fundamentals by focusing on credit default swaps. Thereby she analyses the development of credit default swap market as well as the components of credit spreads. Finally, she provides several suggestions for future research.

Author Biography:

Dr. Kristina Reimer received her doctoral degree at the University of Cologne. Her supervisor was Prof. Dr. Carsten Homburg from the Department of Management Accounting.
Release date NZ
July 14th, 2018
Audience
  • Professional & Vocational
Edition
1st ed. 2019
Illustrations
19 Illustrations, black and white; XXIV, 156 p. 19 illus.
Pages
156
ISBN-13
9783658228217
Product ID
28224872

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