Should SME exposures be treated as retail or corporate exposures? A comparative analysis of default probabilities and asset correlations in French and German SMEs

By M. Dietsch, Joël Petey. 2004

261 citations recorded by the source corpus.

Subfields: Finance

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Analysis and Comparison of Economic and Financial Risk Sources in SMEs of the Visegrad Group and Serbia (2019, background): “Dietsch and Petey [70], for example, study a group of German and French SMEs and come to the conclusion that they are more at risk but have a lower asset correlation with each other than larger businesses.”
Value-at-Risk Bounds with Variance Constraints (2015, unknown): “Papers relevant to the latter category include Gordy (2000), Frey and McNeil (2003) and Dietsch and Petey (2004).”
Creditor Concentration: An Empirical Investigation (2012, unknown): “To assess the average quality of the firms in our sample, we compare the mean value of the probability of default in our sample with the values reported in Dietsch and Petey (2004).”
Corporate governance characteristics and default prediction modeling for small enterprises. An empirical analysis of Italian firms (2015, background): “Dietsch and Petey (2004), for example, find that small and medium sized enterprises are financially riskier and, at the same time, have a lower asset correlation with each other than large businesses.”