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Differential Properties in the Ratings of Certified vs. Non-Certified Bond Rating Agencies
16 references·8 citing·31 second hop
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References

  • 1969Investigating Causal Relations by Econometric Models and Cross-spectral Methods22,971 cited
  • 1971The Theory of Economic Regulation8,084 cited
  • 1968An Empirical Evaluation of Accounting Income Numbers6,384 cited
  • 2001The theory and practice of corporate finance: evidence from the field5,947 cited
  • 1985Positive Accounting Theory5,837 cited
  • 2021The Theory of Economic Regulation5,483 cited
  • 1933The Economics of Welfare5,138 cited
  • 2000The Regulation of Entry3,918 cited
  • 1997Earnings management to avoid earnings decreases and losses3,839 cited
  • 2003Conservatism in Accounting Part I: Explanations and Implications2,768 cited
  • 2001Forecasting Bankruptcy More Accurately: A Simple Hazard Model2,655 cited
  • 2001Essays on disclosure2,478 cited
  • 2001The relevance of the value-relevance literature for financial accounting standard setting1,741 cited
  • 2003Equity Volatility and Corporate Bond Yields1,194 cited
  • 1992The Effect of Bond Rating Agency Announcements on Bond and Stock Prices1,002 cited
  • 1994Analyst Forecasts and Herding Behavior:

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943 cited

Cited by

  • 2010Fair Value Accounting for Financial Instruments: Does It Improve the Association Between Bank Leverage and Credit Risk?50 cited
  • 2009The Adoption of Internationally Recognized Accounting Standards: Implications for the Credit Markets33 cited
  • 2011Rating Agency Adjustments to GAAP Financial Statements and Their Effect on Ratings and Bond Yields32 cited
  • 2013Credit Rating Agencies: The Importance of Fundamentals in the Assessment of Sovereign Ratings28 cited
  • 2007Timeliness of Spread Implied Ratings28 cited
  • 2012Information Content of Unsolicited Credit Ratings: Evidence from Japanese Firms*28 cited
  • 2008Proximity to Broad Credit Rating Change and Earnings Management26 cited
  • 2006Accruals, Income Smoothing and Bond Ratings24 cited