Title :
The Analysis of Asset Correlation between Parent and Subsidiary Company
Author :
Lin, Chen ; Zongfang, Zhou
Author_Institution :
Sch. of Manage. & Econ., Univ. of Electron. Sci. & Technol. of China, Chengdu, China
fDate :
June 30 2009-July 2 2009
Abstract :
The relationship between parent and subsidiary company makes them have more interaction in the market. In this paper, we focused on the asset correlation between parent and subsidiary company such as in an enterprise group. Based on the relation of shareholding, we get the explicit function between the asset correlation and shareholding that Parent company holds of the Subsidiary Companypsilas. Our researches show that with the shareholding amount increasing, it is possible that will increase or decrease their asset correlation.
Keywords :
investment; asset correlation analysis; credit risk portfolios; enterprise group; parent and subsidiary company; regulatory capital requirements; Asset management; Banking; Companies; Conference management; Consumer electronics; Industrial relations; Information analysis; Portfolios; Stock markets; Technology management; Asset correlation; Parent and subsidiary company; Proportion of shareholding;
Conference_Titel :
New Trends in Information and Service Science, 2009. NISS '09. International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-0-7695-3687-3
DOI :
10.1109/NISS.2009.69
