%0 Journal Article
%T Development of Cost of Debt and Risk Formula for a Period of Financial Turbulence Focus: The Cost of Global Financial Crisis
%A Keabetswe Ramantshane
%J Technology and Investment
%P 88-100
%@ 2150-4067
%D 2023
%I Scientific Research Publishing
%R 10.4236/ti.2023.142005
%X Financial institutions specifically banks and small businesses have encountered
difficulty in sustaining </span></span><span><span><span style=\"font-family:&quot;\">their</span></span></span><span><span><span style=\"font-family:&quot;\"> ability
to remain stable during the financial crisis. During this period most scholars
addressed the cause and risk of financial turbulence but very </span></span></span><span><span><span style=\"font-family:&quot;\">few</span></span></span><span><span><span style=\"font-family:&quot;\"> studies identified the cost
of debt and risk of financial turbulence. The objective of this study is to
enhance the Mahalanobis model to include the measurements of cost of debt when
measuring financial turbulence which essentially h</span></span></span><span><span><span style=\"font-family:&quot;\">as</span></span></span><span><span><span style=\"font-family:&quot;\"> an impact on the stock
market. The data collected in respect of the South African Reserve Bank (SARB)
and Statistics South Africa (SAS) identifies the correlation of financial
turbulence in banks as well as small businesses and analyses and interprets the
relationship between total liquidation of companies and total assets of banks.
Although different countries had different industries contributing to the
financial crisis, this study is not industry based.
%K Cost
%K Financial Turbulence
%K Financial Crisis
%K Volatile
%K Financial Risk
%K Capitalism
%K Liquidation
%K Investors
%K Small Businesses
%K Commercial Banks
%K Mortgage Bonds
%K Stock Markets
%K Return on Investment
%K Return on Equity
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=125050