Measuring the default risk of Sukuk holders for shariah compliance companies in Malaysia: Using Merton's model with maximum likelihood estimator
The purpose of this paper is to measure the default probability of Malaysian companies which have issued Sukuk for the period 2001 to 2010 by using Merton's Model. Maximum Likelihood Estimation (MLE) method has been used in the computation of the unavailable parameters of the Merton's Mode...
| Published in: | ISBEIA 2011 - 2011 IEEE Symposium on Business, Engineering and Industrial Applications |
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| Main Author: | |
| Format: | Conference paper |
| Language: | English |
| Published: |
2011
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| Online Access: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-84255177456&doi=10.1109%2fISBEIA.2011.6088789&partnerID=40&md5=9b2af5cc916235b0e389c3f32bd5abc5 |