Corporate Vulnerability and Bank Stability : Evidence from Jordan

Corporate Vulnerability and Bank Stability : Evidence from Jordan

This paper uses data on publicly listed companies in Jordan to evaluate corporate vulnerability and perform corporate stress testing. The exercise finds that both earnings and interest rate shocks have significant impact on corporate vulnerability....

Full description

Bibliographic Details
Main Author: Love, Inessa
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
ACCOUNTING
AMORTIZATION
ARREARS
BALANCE SHEET
BANK DEBT
BANK EXPOSURE
BANK EXPOSURES
BANKING SECTOR
BANKRUPTCY
BANKS
BENCHMARKING
BOOK VALUE
CAPITAL ADEQUACY
CASH FLOWS
CORPORATE DEFAULT
CORPORATE DEFAULTS
CREDIT CRUNCHES
CREDIT QUALITY
CREDITOR
CURRENT ASSETS
DEBT
DEBT FINANCING
DEBT LEVELS
DEBT LOADS
DEBT OBLIGATIONS
DEBT RATIO
DEBT RATIOS
DEBTS
DEVELOPMENT POLICY
EXPOSURES
FINANCIAL COMPANIES
FINANCIAL DIFFICULTIES
FINANCIAL DISTRESS
FINANCIAL SECTOR
FINANCIAL SECTORS
FINANCIAL SERVICES
FINANCIAL STATEMENT
FOREIGN INVESTOR
GROWTH RATE
GROWTH RATES
INCOME
INDEBTEDNESS
INFLATION
INFLATION RATES
INTEREST COVERAGE RATIO
INTEREST EXPENSE
INTEREST EXPENSES
INTEREST PAYMENT
INTEREST PAYMENTS
INTEREST RATE
INTEREST RATE SHOCK
INTEREST RATE SHOCKS
INTEREST RATES
INTERNATIONAL BANK
INTERNATIONAL INVESTORS
INTERNATIONAL STANDARDS
INVENTORIES
INVESTOR INTEREST
LENDING PRACTICES
LEVEL OF DEBT
LIQUID ASSETS
LIQUIDITY
MACROECONOMIC CONDITIONS
MATURITY
MATURITY STRUCTURE
NPL
PRIVATE SECTOR DEVELOPMENT
PRODUCTIVITY
PROFITABILITY
QUICK RATIO
REAL ESTATE
REAL GDP
REAL GROWTH RATES
RETAINED EARNINGS
RETURN
RETURN ON ASSETS
SHORT-TERM DEBT
SHORT-TERM FINANCING
STOCK EXCHANGE
TOTAL DEBT
TRADE CREDIT
TRADE SECTOR
TRADE SECTORS
VALUE OF ASSETS
VOLATILITY
WORKING CAPITAL
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20101213131439
http://hdl.handle.net/10986/3984
Description
Summary:This paper uses data on publicly listed companies in Jordan to evaluate corporate vulnerability and perform corporate stress testing. The exercise finds that both earnings and interest rate shocks have significant impact on corporate vulnerability. Because different banks have different sector exposures, and different sectors exhibit different vulnerability at different times, the stress tests that include corporate exposure will provide a more precise evaluation of bank soundness.

Similar Items