Results 31 to 40 of about 268,286 (279)
IMPACT OF CREDIT RATINGS ON STOCK RETURNS
Buletin Ekonomi Moneter dan Perbankan, 2019 This study investigates whether a change in credit ratings lead to a change in daily excess stock returns. The sample includes daily stock price data for US firms listed on the Standard & Poor’s 500 from January 2006 to December 2015. Firms’ excess stock
Krishna Reddy +2 more
doaj +1 more source
The Journal of Finance, 2009 ABSTRACTThe collapse of AAA‐rated structured finance products in 2007 to 2008 has brought renewed attention to conflicts of interest in credit rating agencies (CRAs). We model competition among CRAs with three sources of conflicts: (1) CRAs conflict of understating risk to attract business, (2) issuers' ability to purchase only the most favorable ...
Patrick Bolton +2 more
openaire +9 more sources
Modeling dependencies between rating categories and their effects on prediction in a credit risk portfolio [PDF]
, 2006 The internal-ratings based Basel II approach increases the need for the development of more realistic default probability models. In this paper we follow the approach taken in McNeil and Wendin (2006) by constructing generalized linear mixed models for ...
Czado, Claudia, Pflüger, Carolin
core +2 more sources
An alternative to the standardized approach for assessing credit risk under the Basel Accords
Cogent Economics & Finance, 2016 The current standardized approach for assessing credit risk under Basel III depends on ratings assigned by credit rating agencies (CRAs). However, this approach presents three problems.
Yukiko Konno, Yuki Itoh
doaj +1 more source
Credit rating and competition [PDF]
International Journal of Finance & Economics, 2012 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
openaire +3 more sources
Credit Risk-Return Puzzle: Asian Countries Representative
JABE (Journal of Accounting and Business Education), 2017 This research investigates the presence of Credit Risk-Return Puzzle on Indonesia, China, Japan and Singapore, by analyzing the relationship between credit risk and stock return with the utilization of credit ratings from Moody’s to ...
Faurani Santi Singagerda +2 more
doaj +1 more source
Sovereign Credit Ratings Analysis Using the Logistic Regression Model
Risks, 2022 This study is an empirical analysis of sovereign credit ratings (SCR) in South Africa (SA) using Logistic Regression (LR) to identify their determinants and forecast SCRs.
Oliver Takawira, John W. Muteba Mwamba
doaj +1 more source
FEBS Open Bio, EarlyView.Chemoresistance in bladder cancer: Macrophage recruitment associated with CXCL1, CXCL5 and CXCL8 expression is characteristic of Gemcitabine/Cisplatin (Gem/Cis) Non‐Responder tumors (right side) while Responder tumors did not show substantial tumor‐stromal crosstalk (left side). All biological icons are attributed to Bioicons: carcinoma, cancerous‐cell‐
Sophie Leypold +11 more
wiley +1 more source
Re-Mapping Credit Ratings [PDF]
SSRN Electronic Journal, 2011 Rating agencies report ordinal ratings in discrete classes. We question the market’s implicit assumption that agencies define their classes on identical scales, e.g., that AAA by Standard & Poor’s is equivalent to Aaa by Moody’s. To this end, we develop a non-parametric method to estimate the relation between rating scales for pairs of raters.
Eisl, Alexander +2 more
openaire +2 more sources
Impact of Positive Lifestyle Behaviors on Direct Health Care Cost Savings for Low Back Pain
Arthritis Care &Research, EarlyView.Objective This study aimed to investigate the relationship between a previously purpose‐developed lifestyle behavior scale and health care cost savings related to low back pain (LBP). Methods This longitudinal study used data from the Australian Twin Back (AUTBACK) study. LBP and lifestyle behavior measures were collected at baseline. Physical activity
Ye Tian +8 more
wiley +1 more source