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Information Transfer Effects of Bond Rating Downgrades
16 references·2 citing·45 second hop
Information Transfer Effects of Bond Rating Downgrades (2010)Information Transfer Effects of Bond Rati…Credit Contagion from Counterparty Risk (2009)Credit Contagion from Counter…Inter-firm linkages and the wealth effects of financial distress along the supply chain☆ (2007)Inter-firm linkages and the w…Good and bad credit contagion: Evidence from credit default swaps☆ (2007)Good and bad credit contagion…Informational effects of regulation FD: evidence from rating agencies (2004)Informational effects of regu…The Long‐Run Stock Returns Following Bond Ratings Changes (2001)The Long‐Run Stock Returns Fo…Infectious defaults (2001)Infectious defaultsCounterparty Risk and the Pricing of Defaultable Securities (2001)Counterparty Risk and the Pri…The Effect of Bond Rating Agency Announcements on Bond and Stock Prices (1992)The Effect of Bond Rating Age…Nonparametric event study tests (1992)Nonparametric event study tes…Contagion and competitive intra-industry effects of bankruptcy announcements (1992)Contagion and competitive int…Event-study methodology under conditions of event-induced variance (1991)Event-study methodology under…The effect of bond rating changes on common stock prices (1986)The effect of bond rating cha…Intra-industry information transfers associated with earnings releases (1981)Intra-industry information tr…THE ADJUSTMENT OF STOCK PRICES TO BOND RATING CHANGES (1978)THE ADJUSTMENT OF STOCK PRICE…The effect of a rating change announcement on bond price (1977)The effect of a rating change…Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test (1976)Corporate Forecasts of Earnin…Pro-cyclical effect of sovereign rating changes on stock returns: a fact or factoid? (2018)Pro-cyclical effect of sovere…Credit contagion and competitive effects of bond rating downgrades along the supply chain (2015)Credit contagion and competit…An Empirical Evaluation of Accounting Income Numbers (1968)The Information Content of Annual Earnings Announcements (1968)Estimating betas from nonsynchronous data (1977)Security analyst superiority relative to univariate time-series models in forecasting quarterly earnings (1987)Testing Asymmetric-Information Asset Pricing Models (2012)Using and Interpreting Fixed Effects Models (2023)Measuring security price performance (1980)Using daily stock returns (1985)The journal of financial economics (1993)Shredded Reputation: The Cost of Audit Failure (2002)Event Study Testing with Cross-sectional Correlation of Abnormal Returns (2010)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Managerial discretion and optimal financing policies (1990)Troubled debt restructurings (1990)Is the Risk of Bankruptcy a Systematic Risk? (1998)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1999)The effect of supply chain glitches on shareholder wealth (2003)The Event Study Methodology Since 1969 (1998)The Adjustment of Stock Prices to New Information (2003)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)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Earnings Management During Import Relief Investigations (1991)Event Studies in Economics and Finance (1997)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Customer Concentration and Loan Contract Terms (2014)Input Specificity and the Propagation of Idiosyncratic Shocks in Production Networks * (2016)The Impact of Climate Change on the Cost of Bank Loans (2020)Anomalies in relationships between securities' yields and yield-surrogates (1978)Timeliness of Reporting and the Stock Price Reaction to Earnings Announcements (1984)Informational efficiency of credit default swap and stock markets: The impact of credit rating announcements (2004)The Economics of Structured Finance (2009)How did increased competition affect credit ratings? (2011)The Pricing of Options and Corporate Liabilities (1973)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Martingales and arbitrage in multiperiod securities markets (1979)Common Failings: How Corporate Defaults Are Correlated (2007)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)Contrarian Investment, Extrapolation, and Risk (1994)Credit Ratings as Coordination Mechanisms (2005)Financial statement comparability and credit risk (2013)The relationship between credit default swap spreads, bond yields, and credit rating announcements (2004)The Credit Ratings Game (2009)
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References

  • 1991Event-study methodology under conditions of event-induced variance1,777 cited
  • 1976Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test1,749 cited
  • 1992The Effect of Bond Rating Agency Announcements on Bond and Stock Prices1,002 cited
  • 1992Contagion and competitive intra-industry effects of bankruptcy announcements920 cited
  • 2007Inter-firm linkages and the wealth effects of financial distress along the supply chain☆757 cited
  • 1986The effect of bond rating changes on common stock prices734 cited
  • 1992Nonparametric event study tests669 cited
  • 2001Counterparty Risk and the Pricing of Defaultable Securities662 cited
  • 2001The Long‐Run Stock Returns Following Bond Ratings Changes607 cited
  • 1981Intra-industry information transfers associated with earnings releases592 cited
  • 2007Good and bad credit contagion: Evidence from credit default swaps☆588 cited
  • 2004Informational effects of regulation FD: evidence from rating agencies505 cited
  • 2009Credit Contagion from Counterparty Risk448 cited
  • 1978THE ADJUSTMENT OF STOCK PRICES TO BOND RATING CHANGES304 cited
  • 1977The effect of a rating change announcement on bond price

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288 cited
  • 2001Infectious defaults228 cited
  • Cited by

    • 2018Pro-cyclical effect of sovereign rating changes on stock returns: a fact or factoid?42 cited
    • 2015Credit contagion and competitive effects of bond rating downgrades along the supply chain30 cited