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Rating opaque borrowers: why are unsolicited ratings lower?
16 references·16 citing·46 second hopsampled
Rating opaque borrowers: why are unsolicited ratings lower? (2009)Rating opaque borrowers: why are unsolici…Global Games: Theory and Applications (2010)Global Games: Theory and Appl…Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Estimating Standard Errors in…Default Risk in Equity Returns (2004)Default Risk in Equity ReturnsAssessing the Probability of Bankruptcy (2004)Assessing the Probability of …A risk-factor model foundation for ratings-based bank capital rules (2003)A risk-factor model foundatio…Rating Banks: Risk and Uncertainty in an Opaque Industry (2002)Rating Banks: Risk and Uncert…Coordination risk and the price of debt (2002)Coordination risk and the pri…The Declining Credit Quality of U.S. Corporate Debt: Myth or Reality? (1998)The Declining Credit Quality …Global Games and Equilibrium Selection (1993)Global Games and Equilibrium …The Effect of Bond Rating Agency Announcements on Bond and Stock Prices (1992)The Effect of Bond Rating Age…Bank Insolvency Risk and the Market for Large Certificates of Deposit (1988)Bank Insolvency Risk and the …The effect of bond rating changes on common stock prices (1986)The effect of bond rating cha…Information Reliability and a Theory of Financial Intermediation (1984)Information Reliability and a…ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)ON THE PRICING OF CORPORATE D…The Pricing of Options and Corporate Liabilities (1973)The Pricing of Options and Co…Safety First and the Holding of Assets (1952)Safety First and the Holding …Effect of ESG rating disagreement on stock price informativeness: Empirical evidence from China's capital market (2024)Effect of ESG rating disagree…Experts or charlatans? ICO analysts and white paper informativeness (2022)Experts or charlatans? ICO an…Sovereign credit ratings during the COVID-19 pandemic (2021)Sovereign credit ratings duri…The Information Content of ICO White Papers (2018)The Information Content of IC…The Economics of Credit Rating Agencies (2017)The Economics of Credit Ratin…Credit Ratings Across Asset Classes: A Long-Term Perspective (2017)Credit Ratings Across Asset C…Rating friends: The effect of personal connections on credit ratings (2016)Rating friends: The effect of…What are the Channels for Technology Sourcing? Panel Data Evidence from German Companies (2014)What are the Channels for Tec…Credit rating dynamics and competition (2014)Credit rating dynamics and co…The impact of sovereign rating actions on bank ratings in emerging markets (2012)The impact of sovereign ratin…The Innovative Performance of China's National Innovation System (2011)The Innovative Performance of…The Information Value of the Stress Test and Bank Opacity (2010)The Information Value of the …The Economics of Solicited and Unsolicited Credit Ratings (2010)The Economics of Solicited an…Foreign Banks and Financial Stability in Emerging Markets: Evidence From the Global Financial Crisis (2010)Foreign Banks and Financial S…Tiebreaker: Certification and Multiple Credit Ratings (2009)Tiebreaker: Certification and…Do Solicitations Matter in Bank Credit Ratings? Results from a Study of 72 Countries (2009)Do Solicitations Matter in Ba…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Theory of rational option pricing (2005)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Moral Hazard and Observability (1979)Moral Hazard in Teams (1982)Financial Intermediation and Delegated Monitoring (1984)Can Relationship Banking Survive Competition? (2000)Relationship Banking: What Do We Know? (2000)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Option pricing when underlying stock returns are discontinuous (1976)The valuation of options for alternative stochastic processes (1976)An equilibrium characterization of the term structure (1977)Reexamination of the perfectness concept for equilibrium points in extensive games (1975)A General Theory of Equilibrium Selection in Games (1988)Bubbles and Crashes (2003)The Stag Hunt and the Evolution of Social Structure (2003)The Politics of Authoritarian Rule (2012)FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)Financial Ratios and the Probabilistic Prediction of Bankruptcy (1980)Multi-period corporate default prediction with stochastic covariates (2006)Forecasting Default with the Merton Distance to Default Model (2008)The impact of corporate social responsibility on the cost of bank loans (2010)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency costs of free cash flow, corporate finance, and takeovers (1996)Has Financial Development Made the World Riskier? (2005)Rethinking Bank Regulation: Till Angels Govern (2005)Has Finance Made the World Riskier? (2006)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Credit Spreads and Business Cycle Fluctuations (2012)… and the Cross-Section of Expected Returns (2015)Risk, Return, and Equilibrium: Empirical Tests (1973)Specification Tests in Econometrics (1978)Econometric Analysis of Cross Section and Panel Data (2001)Robust Standard Errors for Panel Regressions with Cross-Sectional Dependence (2007)Robust Inference With Multiway Clustering (2011)Policy Uncertainty and Corporate Investment (2015)On the Measurement of Poverty (1987)An Engine, Not a Camera (2006)Bank activity and funding strategies: The impact on risk and returns☆ (2010)The relationship between credit default swap spreads, bond yields, and credit rating announcements (2004)The Credit Ratings Game (2009)The Economics of Structured Finance (2009)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1973The Pricing of Options and Corporate Liabilities29,064 cited
  • 2008Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches10,793 cited
  • 1974ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*10,779 cited
  • 1952Safety First and the Holding of Assets2,537 cited
  • 2004Default Risk in Equity Returns1,997 cited
  • 1993Global Games and Equilibrium Selection1,547 cited
  • 2004Assessing the Probability of Bankruptcy1,357 cited
  • 2002Rating Banks: Risk and Uncertainty in an Opaque Industry1,244 cited
  • 1984Information Reliability and a Theory of Financial Intermediation1,162 cited
  • 1992The Effect of Bond Rating Agency Announcements on Bond and Stock Prices1,002 cited
  • 2010Global Games: Theory and Applications929 cited
  • 2003A risk-factor model foundation for ratings-based bank capital rules869 cited
  • 1998The Declining Credit Quality of U.S. Corporate Debt: Myth or Reality?741 cited
  • 1986The effect of bond rating changes on common stock prices734 cited
  • 1988Bank Insolvency Risk and the Market for Large Certificates of Deposit567 cited

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Coordination risk and the price of debt
507 cited

Cited by

  • 2009Tiebreaker: Certification and Multiple Credit Ratings120 cited
  • 2012The impact of sovereign rating actions on bank ratings in emerging markets106 cited
  • 2017Credit Ratings Across Asset Classes: A Long-Term Perspective105 cited
  • 2009Do Solicitations Matter in Bank Credit Ratings? Results from a Study of 72 Countries82 cited
  • 2010The Information Value of the Stress Test and Bank Opacity77 cited
  • 2010The Economics of Solicited and Unsolicited Credit Ratings75 cited
  • 2022Experts or charlatans? ICO analysts and white paper informativeness57 cited
  • 2017The Economics of Credit Rating Agencies55 cited
  • 2016Rating friends: The effect of personal connections on credit ratings47 cited
  • 2014What are the Channels for Technology Sourcing? Panel Data Evidence from German Companies46 cited
  • 2018The Information Content of ICO White Papers42 cited
  • 2014Credit rating dynamics and competition42 cited
  • 2021Sovereign credit ratings during the COVID-19 pandemic37 cited
  • 2010Foreign Banks and Financial Stability in Emerging Markets: Evidence From the Global Financial Crisis35 cited
  • 2011The Innovative Performance of China's National Innovation System33 cited
  • 2024Effect of ESG rating disagreement on stock price informativeness: Empirical evidence from China's capital market32 cited