Now showing items 1-2 of 2

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    Essays on credit risk measurement 

    Pornpong Sakdapat; Yuthana Sethapramote (National Institute of Development Administration, 2018)

    This dissertation investigates the applications of the Merton KMV model with the conditional volatility (GARCH) to measure credit risk in Thailand. The thesis consists of three essays. First essays calculate the distance to defaults during Mar 2010 to Apr 2018 with various methods and check the validity of the data to provide warning indicator of the default in the 461 listed companies. Result show that Both Merton KMV and conditional volatility GARCH distance to default move with the same direction while conditional volatility GARCH distance to ...
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    The influence of risk perception and proactive behavior on performance of firms in the stock exchange of Thailand : the moderating roles of organizational units and types of firms 

    Sippavit Wongsuwatt; Sid Suntrayuth (National Institute of Development Administration, 2018)

    Research on the role of risk perception and proactive behavior on firm performance has gained importance, but little is known about how the types of firm and different roles of managers might influence the outcomes of firm performance when they perceive risk and take proactive actions. This study aimed to investigate the effects of firms’ perceived risk on managers and their proactive behaviors and the effects of firm managers’ proactive actions on firm performance in terms of financial performance and risk management concepts. Using a questionnaire ...