50 Years of Altman Z-Score - Public lecture at LSE by Edward Altman

Описание: 50 Years of Altman Z-Score: what have we learned and the applications in financial and managerial markets

In this video, Professor Edward Altman from NYU Stern presents a “50 year retrospective on his famed Z-score model”, with applications to financial and managerial markets. Dr Altman also debunks certain assertions about his models and how they should be applied in today’s modern financial markets. Finally, he briefly discusses his opinions on where we are in the credit cycle today and outlook for credit markets.

Edward Altman is the Max L. Heine Professor Emeritus of Finance at New York University, Stern School of Business and Director of the Credit and Fixed Income Research Program at the NYU Salomon Center. Dr. Altman has an international reputation as an expert on corporate bankruptcy, high yield bonds, distressed debt and credit risk analysis. He is the creator of the world famous Altman Z-Score models for bankruptcy prediction of firms globally. He was named Laureate 1984 by the Hautes Études Commerciales Foundation in Paris for his accumulated works on corporate distress prediction models and procedures for firm financial rehabilitation and awarded the Graham & Dodd Scroll for 1985 by the Financial Analysts Federation for his work on Default Rates and High Yield Corporate Debt. He was a Founding Executive Editor of the Journal of Banking & Finance and serves on the Editorial Board of several other Finance scholarly journals.

Dimitri Vayanos is Professor of Finance at London School of Economics, where he also directs the Financial Markets Group Research Centre.

The Financial Markets Group Research Centre (@FMG_LSE) was established in 1987 at the LSE. The FMG is a leading centre in Europe for policy research into financial markets.

The Systemic Risk Centre (@LSE_SRC) was set up to study the risks that may trigger the next financial crisis and to develop tools to help policymakers and financial institutions become better prepared.

Speaker: Edward Altman (Professor Emeritus of Finance at New York University, Stern School of Business)

Chair: Dimitri Vayanos (Professor of Finance, FMG Director, LSE)

Event website link: http://www.systemicrisk.ac.uk/events/..., http://www.lse.ac.uk/fmg/events/2019/...