Skip to main content

Research Repository

Advanced Search

All Outputs (5)

The valuation of no-negative equity guarantees and equity release mortgages (2019)
Journal Article
Dowd, K., Blake, D., Buckner, D., & Fry, J. (2019). The valuation of no-negative equity guarantees and equity release mortgages. Economics letters, 184, Article 108669. https://doi.org/10.1016/j.econlet.2019.108669

We outline the valuation process for a No-Negative Equity Guarantee in an Equity Release Mortgage loan and for an Equity Release Mortgage that has such a guarantee. Illustrative valuations are provided based on the Black ’76 put pricing formula and m... Read More about The valuation of no-negative equity guarantees and equity release mortgages.

Would two-stage scoring models alleviate bank exposure to bad debt? (2019)
Journal Article
Abdou, H. A., Mitra, S., Fry, J., & El Amer, A. (2019). Would two-stage scoring models alleviate bank exposure to bad debt?. Expert Systems with Applications, 128, 1-13. https://doi.org/10.1016/j.eswa.2019.03.028

The main aim of this paper is to investigate how far applying suitably conceived and designed credit scoring models can properly account for the incidence of default and help improve the decision-making process. Four statistical modelling techniques,... Read More about Would two-stage scoring models alleviate bank exposure to bad debt?.

Takeover deterrents and Cross Partial Ownerships: the case of golden shares (2019)
Journal Article
Serbera, J., & Fry, J. (2019). Takeover deterrents and Cross Partial Ownerships: the case of golden shares. Managerial and decision economics : MDE, 40(3), 243-250. https://doi.org/10.1002/mde.2998

We analyse takeovers in an industry with bilateral capital-linked firms in cross partial ownership (CPO). Before merger, CPO reduces the profitability of involved firms, confirming the “outsider effect.” However, the impact of CPO upon merger profita... Read More about Takeover deterrents and Cross Partial Ownerships: the case of golden shares.

Regional bias when benchmarking services using customer satisfaction scores (2019)
Journal Article
Brint, A., & Fry, J. (2021). Regional bias when benchmarking services using customer satisfaction scores. Total quality management & business excellence, 32(3-4), 344-358. https://doi.org/10.1080/14783363.2019.1568867

Regional monopoly service organisations such as electricity, gas and water distributors, health trusts, public transport, and local government are subject to regulatory oversight. A common element in this is benchmarking an organisation against simil... Read More about Regional bias when benchmarking services using customer satisfaction scores.

How easy is it to understand consumer finance? (2019)
Journal Article
Burke, M., & Fry, J. (2019). How easy is it to understand consumer finance?. Economics letters, 177, 1-4. https://doi.org/10.1016/j.econlet.2019.01.004

We consider the readability of payday loan websites against conventional lenders. Our findings show that credit card websites are harder to read and contain more complex terminology. Our central contribution is to provide the first known measurement... Read More about How easy is it to understand consumer finance?.