Results 1 to 10 of about 40,044 (245)
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
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 +2 more sources
Are sovereign ratings by CRAs consistent? [PDF]
Panoeconomicus, 2018 This study is an attempt to compare and contrast the credit ratings granted by prominent agencies, the so-called Big Three namely S&P, Moody’s and Fitch, that dominate the market.
Saka Hami, Orhan Mehmet
doaj +3 more sources
Foreign asset expropriation and sovereign bond ratings in the developing world [PDF]
Business and PoliticsResearch shows that foreign asset expropriation narrows long-term bond spreads, resulting in lower borrowing costs. However, no empirical studies have investigated the effects of expropriation on sovereign bond ratings.
Glen Biglaiser, Hoon Lee, Seong Hun Yoo
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
Sovereign Ratings and Their Asymmetric Response to Fundamentals [PDF]
Journal of Economic Behavior & Organization, 2014 Abstract The evolution of sovereign ratings is strongly asymmetric, as downgrades tend to be deeper and faster than upgrades. In other words, once a country loses its initial status it takes a long time to recover it. Using S&P data, we characterize “rating cycles” in terms of their duration and amplitude.
Carmen Broto, Luis Molina
openalex +3 more sources
Sovereign ratings: Determinants and policy implications for India
IIMB Management Review, 2018 This paper studies sovereign rating models of Moody's, Standard & Poor's (S&P) and Fitch to identify important determinants of sovereign ratings. Ordered logit and probit are employed to check for robustness of empirical results.
Shruti Mathur, Latika Gupta
exaly +3 more sources
The Home Bias in Sovereign Ratings [PDF]
Journal of the European Economic Association, 2013 Credit rating agencies are frequently criticized for producing sovereign ratings that do not accurately reflect the economic and political fundamentals of rated countries. This article discusses how the home country of rating agencies could affect rating
Fuchs , Andreas, Gehring , Kai
core +15 more sources
The effects of sovereign rating and corporate governance on the capital structure of Latin American companies. [PDF]
BAR: Brazilian Administration Review, 2023 This study analyzed the effects of sovereign rating and corporate governance (CG) on the capital structure of Latin American companies. A multilevel regression model was used for 823 companies listed on major Latin American stock exchanges over the ...
Duterval Jesuka +1 more
doaj +2 more sources
What “Hides” Behind Sovereign Debt Ratings? [PDF]
SSRN Electronic Journal, 2007 In this paper we study the determinants of sovereign debt credit ratings using rating notations from the three main international rating agencies, for the period 1995-2005. We employ panel estimation and random effects ordered probit approaches to assess
António Afonso +2 more
core +8 more sources