Results 11 to 20 of about 19,771 (259)
The Impact of ESG Ratings on Trade Credit Financing [PDF]
Using a sample of Chinese listed companies from 2009 to 2020, this study investigates the impact of ESG ratings of listed companies on corporate trade credit financing.
Wu Xuesha
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Credit rating and competition [PDF]
AbstractWe analyze the effect of competition between credit rating agencies (RA) which trade‐off reputation (future income) and rating inflation (current income). We find that relative to monopoly, RA are more likely to inflate ratings under duopoly. Moreover, competition reduces welfare (the net income of the projects that are rated good) if the new ...
Nelson Camanho, Pragyan Deb, Zijun Liu
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This research addresses the problem of pension savings and pension reserves management efficiency analysis of the whole Russian pension system and non-state pension funds.
Yury Nogin
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Issuer- and Investor-Paid Credit Ratings – A Comparison of Factors
The aim of the paper is to analyse European banks’ credit ratings factors. To this end, a literature review has been made about the impact of credit ratings factors and the following hypothesis has been put forward: The strength of the banks’ credit ...
Patrycja Chodnicka-Jaworska
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Corporate Board Attributes, Shariah Board Attributes and Credit Rating: Evidence from Islamic Banks of Pakistan [PDF]
Shariah Governance is an essential characteristic that differentiates Islamic financial institutions from Conventional financial institutions. The study’s purpose is to explore the effect of corporate governance attributes and Shariah board attributes on
Muhammad Mansoor +2 more
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Portfolio optimization of credit risky bonds: a semi-Markov process approach
This article presents a semi-Markov process based approach to optimally select a portfolio consisting of credit risky bonds. The criteria to optimize the credit portfolio is based on l ∞ -norm risk measure and the proposed optimization model is ...
Puneet Pasricha +3 more
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Research on the Coupling Relationship between Market Risk and Credit Risk in Commercial Banks
With the complexity and diversity of business development, commercial banks gradually put more focus on how to improve the accuracy of risk measurement.
Su Jie, Li Tian, Ni Xin
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INFORMATION VALUE OF THE CREDIT RATING ON THE CREDIT DEFAULT SWAPS MARKET
The paper examines the impact of the countries’ credit ratings changes on the cost of credit defaults swaps premium. It is assumed statistical significance abnormal returns due to changes in credit ratings assigned by the agencies.
Patrycja Chodnicka-Jaworska
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A motivation for banks in emerging economies to adapt agency ratings when assessing corporate credit
Background: This article considers whether South African banks should utilise the credit ratings provided by US-based credit rating agencies when assessing the creditworthiness of corporate borrowers.
Tanja Verster +4 more
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Credit Ratings and Acquisitions
There is a curvilinear relation between credit ratings and acquisitions. Non-investment grade firms make more acquisitions as their ratings improve, consistent with the relaxation of financial constraints. However, this pattern reverses for investment grade firms, supporting the view that such firms want to preserve their rating and are concerned about
Aktas, Nihat +3 more
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