The Promise of Credit Derivatives in Nonfinancial Corporations (and Why it's Failed to Materialize)

@article{Smithson2006ThePO,
  title={The Promise of Credit Derivatives in Nonfinancial Corporations (and Why it's Failed to Materialize)},
  author={Charles W. Smithson and David L. Mengle},
  journal={Derivatives eJournal},
  year={2006}
}
Although industrial companies played a big part in the growth of foreign exchange, interest rate, and commodity price derivatives, such companies have had almost no role in the growth of credit derivatives. As the authors point out, industrial corporates are exposed to credit risk in a variety of ways, including customer accounts receivable, longer-term supply contracts, loans to customers and vendors, and counterparty exposures. Credit derivatives, moreover, would allow corporate users to… Expand
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A Decision Support Approach for Accounts Receivable Risk Management
  • D. Wu, D. Olson, C. Luo
  • Business, Computer Science
  • IEEE Transactions on Systems, Man, and Cybernetics: Systems
  • 2014
TLDR
A decision support model for a large bank enabling assessment of risk of default on the part of loan recipients and accuracy results are presented, enabling accounts receivable managers to confidently apply statistical analysis through data mining to manage their risk. Expand
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