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Does the market perceive a difference in rating agencies?
10 references·6 citing·48 second hop
Does the market perceive a difference in rating agencies? (1999)Does the market perceive a difference in …The Priority Structure of Corporate Liabilities (1995)The Priority Structure of Cor…Testing the differences between the determinants of moody's and standard & poor's ratings an application of smooth simulated maximum likelihood estimation (1993)Testing the differences betwe…Growth Opportunities and the Stock Price Response to New Financing (1992)Growth Opportunities and the …Determinants of the call option on corporate bonds (1992)Determinants of the call opti…The Call, Sinking Fund, and Term-to-Maturity Features of Corporate Bonds: An Empirical Investigation (1991)The Call, Sinking Fund, and T…Dual Bond Ratings: A Test of the Certification Function of Rating Agencies (1990)Dual Bond Ratings: A Test of …Bond Ratings: Are Two Better than One? (1988)Bond Ratings: Are Two Better …THE IMPACT OF SPLIT BOND RATINGS ON RISK PREMIA (1987)THE IMPACT OF SPLIT BOND RATI…Split Ratings and Bond Reoffering Yields (1985)Split Ratings and Bond Reoffe…Sinking Funds and the Cost of Corporate Debt (1979)Sinking Funds and the Cost of…Does ESG rating divergence affect the cost of corporate debt? (2025)Does ESG rating divergence af…Empirical research on corporate credit-ratings: A literature review (2013)Empirical research on corpora…A Theoretical and Empirical Review of the EU Regulation on Credit Rating Agencies: In Search of Truth, Not Scapegoats (2012)A Theoretical and Empirical R…Credit Ratings and Cash-Flow Analysis of Oil and Gas Companies: Competitive Disadvantage in Financing Costs for Smaller Companies in Tight Capital Markets (2011)Credit Ratings and Cash-Flow …The Impact of Rating Agency Reputation on Local Government Bond Yields (2007)The Impact of Rating Agency R…Assessing Credit Rating Agencies by Bond Issuers and Institutional Investors (2001)Assessing Credit Rating Agenc…The effect of a rating change announcement on bond price (1977)THE ADJUSTMENT OF STOCK PRICES TO BOND RATING CHANGES (1978)THE INFORMATIONAL CONTENT OF BOND RATINGS (1987)AN EXAMINATION OF THE YIELD SPREAD BETWEEN INSURED AND UNINSURED DEBT (1989)Split sovereign ratings and rating migrations in emerging economies (2009)Statistical Models of Bond Ratings: A Methodological Inquiry (1979)A Method of Simulated Moments for Estimation of Discrete Response Models Without Numerical Integration (1989)Simulation and the Asymptotics of Optimization Estimators (1989)Determinants of sovereign ratings: A comparison of case-based reasoning and ordered probit approaches (2006)Factors Explaining the Rating of Microfinance Institutions (2007)An analysis of the determinants of bank ratings: comparison across ratings agencies (2011)The Impact of Underwriting Method and Bidder Competition Upon Corporate Bond Interest Cost (1979)Interest Yields, Credit Ratings, and Economic Characteristics of State Bonds: An Empirical Analysis: Note (1984)Risk premia and the pricing of primary issue bonds (1988)Bond Yields, Ratings, and Financial Information: Evidence from Public Utility Issues (1991)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)Information Production, Market Signalling, and the Theory of Financial Intermediation (1980)Split bond ratings and rating migration (2008)Market signaling with grades (2013)Corporate financing and investment decisions when firms have information that investors do not have (1984)Using daily stock returns (1985)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Stock Liquidity and Investment Opportunities: Evidence from Index Additions (2006)Security Offerings**We thank Robert S. Hansen, Jay Ritter and Xueping Wu for suggestions. (2007)Do green supply chain management initiatives impact stock prices of firms? (2011)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)Corporate Call Policy for Nonconvertible Bonds (2000)The Information Content Of Calls Of Debt: Evidence From Long‐Run Stock Returns (2003)Callable Bonds Revisited (2010)The Theory of Capital Structure (1991)The investment opportunity set and corporate financing, dividend, and compensation policies (1992)The Impact of Industry Classifications on Financial Research (1996)Silver Signals: Twenty-Five Years of Screening and Signaling (2001)So what do I get? The bank's view of lending relationships (2006)Limited-dependent and qualitative variables in econometrics (1983)SPLIT RATINGS, BOND YIELDS, AND UNDERWRITER SPREADS (1998)A Comparison of Bond Ratings from Moody's S&P and Fitch IBCA (1999)Financial contracting under extreme uncertainty: an analysis of Brazilian corporate debentures (1999)Capital raising, underwriting and the certification hypothesis (1986)Comparative costs of negotiated versus competitive bond sales: new evidence from state general obligation bonds (2003)The informational content of credit rating announcements for share prices in a small market (2003)Why firm access to the bond market differs over the business cycle: A theory and some evidence (2006)Handbook of Fixed‐Income Securities (2016)Job Market Signaling (1973)Credit Rationing in Markets with Imperfect Information (1981)Signaling Theory: A Review and Assessment (2010)
this work references cited by second hop

References

  • 1995The Priority Structure of Corporate Liabilities389 cited
  • 1992Growth Opportunities and the Stock Price Response to New Financing152 cited
  • 1991The Call, Sinking Fund, and Term-to-Maturity Features of Corporate Bonds: An Empirical Investigation107 cited
  • 1988Bond Ratings: Are Two Better than One?88 cited
  • 1993Testing the differences between the determinants of moody's and standard & poor's ratings an application of smooth simulated maximum likelihood estimation75 cited
  • 1992Determinants of the call option on corporate bonds67 cited
  • 1985Split Ratings and Bond Reoffering Yields59 cited
  • 1990Dual Bond Ratings: A Test of the Certification Function of Rating Agencies54 cited
  • 1987THE IMPACT OF SPLIT BOND RATINGS ON RISK PREMIA38 cited
  • 1979Sinking Funds and the Cost of Corporate Debt30 cited

Cited by

  • 2025Does ESG rating divergence affect the cost of corporate debt?43 cited
  • 2001Assessing Credit Rating Agencies by Bond Issuers and Institutional Investors33 cited
  • 2013Empirical research on corporate credit-ratings: A literature review29 cited
  • 2007The Impact of Rating Agency Reputation on Local Government Bond Yields27 cited
  • 2011

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Credit Ratings and Cash-Flow Analysis of Oil and Gas Companies: Competitive Disadvantage in Financing Costs for Smaller Companies in Tight Capital Markets
23 cited
  • 2012A Theoretical and Empirical Review of the EU Regulation on Credit Rating Agencies: In Search of Truth, Not Scapegoats23 cited