... high loan default rates and decreases in return on assets (ROAs) call for further credit risk management research. There have been limited studies on credit risk management during coronavirus disease 2019 (COVID-19), so this article aims to provide useful information on its influences. Design...

... is the exposure to weather risks. Weather index insurance is assumed to bear high potential for accelerating agricultural lending. The index design hereby is of particular importance. The purpose of this paper is to estimate the influence of evapotranspiration and precipitation indices on the credit risk...

...@gmail.com 02 01 2016 26 05 2016 19 06 2016 28 06 2016 © Emerald Group Publishing Limited 2016 Emerald Group Publishing Limited Licensed re-use rights only Agriculture Credit risk Multinomial logit Non-performing assets Probability of default Quality of loan...

...Carlos Castro; Karen Garcia Purpose – Commodity price volatility and small variations in climate conditions may have an important impact on the creditworthiness of any agricultural project. The evolution of such risk factors is vital for the credit risk analysis of a rural bank. The purpose...

... of borrowers. It recognizes that the costs of capital are endogenously determined, reflecting the degree of credit risk and accessibility to credit markets. Based on the proposed model and the comparative statics derived thereof, the paper empirically tests the impacts of different factors on capital structure...

...Jeffrey R. Stokes; Jonathan B. Dressler; Lakshmi Balasubramanyan Some past studies of credit risk ratings migration have found trend reversals and evidence that the data‐generating process is nonstationary. Using a sample of Farm Credit System mortgages, we find no compelling statistical evidence...

...Brent A. Gloy; Eddy L. LaDue; Michael A. Gunderson Agricultural credit risk migration is examined using loan records gathered from four agricultural lenders. Results indicate that lender risk ratings are much more stable than ratings based on credit scores estimated from financial statements...

...Peter J. Barry; Cesar L. Escalante; Paul N. Ellinger The migration approach to credit risk measurement is based on historic rates of movements of individual loans among the classes of a lender’s risk‐rating or credit‐scoring system. This article applies the migration concept to farm‐level data from...

... competitive loan pricing. Even with prepayment penalties in place, however, it can be advantageous for profit‐maximizing mortgagors to optimally prepay or even default on agricultural mortgages. The model is used to quantify prepayment and credit risk by valuing the embedded options in mortgages, namely...

...Peter J. Barry This article reviews and analyzes the emerging approaches to capital management under risk by financial institutions. Included are discussions of recent developments in the measurement and modeling of credit risk and other sources of risk, and comparisons of the regulatory...