Results 231 to 240 of about 14,136 (264)
Some of the next articles are maybe not open access.
Many debt contracts contain so called performance-pricing provisions, which specify an automatic coupon increase should some performance measure of the issuer deteriorate. One motivation for using such provision is as a signal about the issuer’s future performance. We test this hypothesis at the exam- ple of rating-sensitive bonds (RSB).
Tim Adam, Constantin Reigber
openaire +1 more source
Tim Adam, Constantin Reigber
openaire +1 more source
The Effect of Bond Rating Agency Announcements on Bond and Stock Prices
The Journal of Finance, 1992ABSTRACTThis paper examines daily excess bond returns associated with announcements of additions to Standard and Poor's Credit Watch List, and to rating changes by Moody's and Standard and Poor's. Reliably nonzero average excess bond returns are observed for additions to Standard and Poor's Credit Watch List when an expectations model is used to ...
Hand, John R M +2 more
openaire +1 more source
The decision to rate or not to rate: The case of municipal bonds
Journal of Economics and Business, 1992Prior studies have indicated (1) that there is a higher probability that smaller municipal bond issues will be nonrated and privately placed and (2) that the interest yield on these issues is lower on the average than that of the lowest investment grade class of bonds.
Mary T. Ziebell, Mary Jean Rivers
openaire +1 more source
Bond Refunding with Stochastic Interest Rates
Management Science, 1971The bond refunding problem is formulated as a multiperiod decision process in which future interest rates are determined by a Markovian stochastic process. It is assumed that a single bond is to be outstanding at a given time. Given the future requirements for debt financing, the decision maker must decide whether to keep his current bond or to refund
openaire +2 more sources
Bond Ratings, Bond Yields and Financial Regulation: Some Findings
The Journal of Law and Economics, 1973BOND quality ratings, that is, the ratings assigned to bond issues by organizations such as Moody's Investors Service, have constituted a source of general interest to economists and practical men of affairs for some time. Of particular importance, however, have been the following three questions: (1) how are ratings determined?
openaire +1 more source
A MULTIVARIATE ANALYSIS OF INDUSTRIAL BOND RATINGS
The Journal of Finance, 1973Pinches, George E, Mingo, Kent A
openaire +1 more source
China's no-bailout reform: Impact on bond yields and rating standards
Journal of Banking and Finance, 2021Lei Zhou
exaly
Proximity to broad bond rating change and annual report readability
Asian Review of Accounting, 2021Wray Bradley, Li Sun
exaly