Results 1 to 10 of about 24,143 (291)
The relationship between sovereign credit rating changes and firm risk [PDF]
Heliyon, 2023 Sovereign credit ratings, extensively studied for their influence on macroeconomics and country risk, have been less explored in the context of their impact on individual firms.
Wing-Keung Wong +2 more
exaly +5 more sources
Understanding sovereign credit ratings: Text-based evidence from the credit rating reports
Journal of International Financial Markets, Institutions and Money, 2023 We apply a novel approach to identifying the qualitative judgment of the rating committee in sovereign credit ratings by extending the traditional regression with new measures - sentiment and subjectivity scores - obtained by textual sentiment analysis methods.
Igor Loncarski
exaly +4 more sources
Modelling sovereign credit ratings and assessing the impartiality: A case study of China. [PDF]
PLoS ONE, 2023 The post-COVID-19 era presents a looming threat of global debt, elevating concerns regarding sovereign credit ratings worldwide. This study develops a new index system, divides the rating variables into long- and short-term factors, performs rating ...
Min Su
doaj +2 more sources
Determination of Sovereign Credit Rating Model for European Countries [PDF]
Financial Markets, Institutions and Risks, 2021 Credit rating agencies play a key role in financial markets, as they help to reduce asymmetric information among market participants via credit ratings. The credit ratings determined by the credit rating agencies reflect the opinion of whether a country ...
Isik Akin
doaj +2 more sources
Journal of International Financial Markets, Institutions and Money, 2021 In order to identify novel qualitative determinants of transitions in sovereign credit ratings, we construct six different textual sentiment and subjectivity measures using dictionary-based, and machine learning approaches on sovereign credit rating ...
Igor Loncarski
exaly +2 more sources
Sovereign Credit Rating Mismatches
Notas Económicas, 2018 We study the factors behind ratings mismatches in sovereign credit ratings from different agencies, for the period 1980‑‑2015. Using random effects ordered and simple probit approaches, we find that structural balances and the existence of a default in ...
António Afonso, André Albuquerque
doaj +5 more sources
Impact of Sovereign Credit Rating Disclosure on Chinese Financial Market
SAGE Open, 2022 The sustainable economic role of the financial markets is essential for a trade-dependent economy such as China. Notably, the Chinese financial market has shown some unpleasant trends over the past two decades, coupled with the mounting national debt ...
Chunling Li +4 more
doaj +2 more sources
IEEE Access, 2019 Our research aims to develop the regime switching Markov chain (RSMC), a discrete time Markov chain whose underlying regime is depending on a hidden Markov model, which express the dynamics of sovereign credit rating migration.
Sung Youl Oh +3 more
doaj +2 more sources
Sovereign credit rating provision and financial development
Journal of International Financial Markets, Institutions and MoneyThis paper examines the impact of obtaining a sovereign credit rating for the first time on financial development in 50 emerging countries. Controlling for endogeneity and selection bias, we show that receiving an initial sovereign credit rating significantly transforms domestic financial systems.
Kowalewski, Oskar +2 more
openaire +3 more sources
Transylvanian Review of Administrative Sciences, 2019 The aim of this study is to identify the relationship between fiscal policy and sovereign credit ratings within a comparative framework for the post-2000 period.
Eda Balikçioğlu, Hakki Hakan Yilmaz
doaj +2 more sources