How Important Is Sovereign Risk in Determining Corporate Default Premia? : The Case of South Africa /
The paper analyzes and quantifies the importance of sovereign risk in determining corporate default premia (yield spreads). It also investigates the extent to which the practice by rating agencies and banks of not rating companies higher than their sovereign ("country or sovereign ceiling"...
| Egile nagusia: | |
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| Beste egile batzuk: | |
| Formatua: | Aldizkaria |
| Hizkuntza: | English |
| Argitaratua: |
Washington, D.C. :
International Monetary Fund,
2005.
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| Saila: | IMF Working Papers; Working Paper ;
No. 2005/217 |
| Sarrera elektronikoa: | Full text available on IMF |