X
4.8 Parameter Estimates of Size for Acquisitions................ 77
4.9 Parameter Estimates of Age for Acquisitions................ 77
4.10 Parameter Estimates of Liability for Acquisitions............. 79
4.11 Cumulative Hazard Curve and CI Obtained Using the Proposed Method . 80
5.1 Hazard Function for Bankruptcy Obtained Using the Proposed Method with
τ=0.5.................................... 90
5.2 Hazard Function for Acquisition Obtained Using the Proposed Method with
τ=0.5.................................... 91
5.3 Hazard Function for Bankruptcy Obtained Using the Proposed Method with
τ= - 0.5 .................................. 92
5.4 Hazard Function for Acquisition Obtained Using the Proposed Method with
τ= - 0.5 .................................. 93
A.l Density Plot of a Frank Copula (τ = 0.8)................ 100
A.2 Frank Copula CDF Plot (τ = 0.8).................... 100
A.3 Density Plot of a Clayton Copula (τ = 0.8)............... 101
A.4 Clayton Copula CDF Plot (τ = 0.8)................... 101
A.5 Density Plot of a Gumbel-Hougaard Copula (τ = 0.8)......... 102
A.6 Gumbel-Hougaard Copula CDF Plot (τ = 0.8)............. 102