Results 11 to 20 of about 1,920 (305)
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.
Chong-Chuo Chang +3 more
doaj +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
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
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 +3 more sources
KEY DETERMINANTS OF LITHUANIA’S SOVEREIGN CREDIT RATING
Ekonomika, 2011 The topic concerning the determinants affecting sovereign credit ratings of a country became extremely relevant after the recent economic turbulence which brought relentless downgrades, especially for Central and Eastern European (CEE) countries in their
Aušra Pačebutaitė
doaj +3 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 +3 more sources
Credit rating announcement and bond liquidity: the case of emerging bond markets [PDF]
Journal of Economics Finance and Administrative Science, 2022 Purpose – This study examines the effect of the informational content of local credit rating announcements in emerging markets on the liquidity of their bond markets.
Amir Saadaoui +2 more
doaj +1 more source
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 +1 more source
Subjectivity in Sovereign Credit Ratings [PDF]
SSRN Electronic Journal, 2017 Abstract A sovereign creditrating is a function of hard and soft information that should reflect the creditworthiness and the probability of default of a country. We propose an alternative characterisation for the subjective component of a sovereign credit rating – the parts related to the ratee’s lobbying effort or its familiarity from a United ...
De Moor, Lieven +3 more
openaire +2 more sources
Determinants and Impact of Sovereign Credit Ratings [PDF]
SSRN Electronic Journal, 1996 n recent years, the demand for sovereign credit rat-ings—the risk assessments assigned by the creditrating agencies to the obligations of central govern-ments—has increased dramatically. More govern-ments with greater default risk and more companiesdomiciled in riskier host countries are borrowing in inter-national bond markets.
Richard Cantor, Frank Packer
openaire +3 more sources