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The Financial Crisis and Corporate Credit Ratings
16 references·15 citing·44 second hop
The Financial Crisis and Corporate Credit Ratings (2017)The Financial Crisis and Corporate Credit…A Survey of Behavioral Finance (2015)A Survey of Behavioral FinanceCompetition and the cost of debt (2012)Competition and the cost of d…How did increased competition affect credit ratings? (2011)How did increased competition…Markets: The Credit Rating Agencies (2010)Markets: The Credit Rating Ag…The Credit Ratings Game (2009)The Credit Ratings GameRating the raters: Are reputation concerns powerful enough to discipline rating agencies? (2009)Rating the raters: Are reputa…How Does Financing Impact Investment? The Role of Debt Covenants (2008)How Does Financing Impact Inv…Corporate Misreporting and Bank Loan Contracting (2007)Corporate Misreporting and Ba…Chapter 18 A survey of behavioral finance (2003)Chapter 18 A survey of behavi…The Long‐Run Stock Returns Following Bond Ratings Changes (2001)The Long‐Run Stock Returns Fo…Using Privileged Information to Manipulate Markets: Insiders, Gurus, and Credibility (1992)Using Privileged Information …Evaluation of Brand Extensions: The Role of Product Feature Similarity and Brand Concept Consistency (1991)Evaluation of Brand Extension…Consumer Evaluations of Brand Extensions (1990)Consumer Evaluations of Brand…Premiums for High Quality Products as Returns to Reputations (1983)Premiums for High Quality Pro…The Role of Market Forces in Assuring Contractual Performance (1981)The Role of Market Forces in …Information and Consumer Behavior (1970)Information and Consumer Beha…Do Commercial Ties Influence ESG Ratings? Evidence from Moody's and S&P (2024)Do Commercial Ties Influence …Retail bond investors and credit ratings (2023)Retail bond investors and cre…The Audit Quality Effects of Small Audit Firm Mergers in the United States (2022)The Audit Quality Effects of …Credit ratings and social capital (2022)Credit ratings and social cap…The Regulatory Role of Credit Ratings and Voluntary Disclosure (2021)The Regulatory Role of Credit…Market power and credit rating standards: Global evidence (2021)Market power and credit ratin…Financial crisis, Bank failures and corporate innovation (2021)Financial crisis, Bank failur…CEO political preference and credit ratings (2021)CEO political preference and …Does the Dodd-Frank Act reduce the conflict of interests of credit rating agencies? (2020)Does the Dodd-Frank Act reduc…Do Rating Agencies Benefit from Providing Higher Ratings? Evidence from the Consequences of Municipal Bond Ratings Recalibration (2019)Do Rating Agencies Benefit fr…Compensation committees, CEO pay and firm performance (2019)Compensation committees, CEO …Revolving Rating Analysts and Ratings of Mortgage-Backed and Asset-Backed Securities: Evidence from LinkedIn (2018)Revolving Rating Analysts and…Reputational Shocks and the Information Content of Credit Ratings (2018)Reputational Shocks and the I…Are Credit Ratings More Rigorous for Widely Covered Firms? (2018)Are Credit Ratings More Rigor…The Effect of Reputation Shocks to Rating Agencies on Corporate Disclosures (2016)The Effect of Reputation Shoc…The psychology of interpersonal relations. (1958)Strategic Brand Concept-Image Management (1986)Consumer Perceptions of Price, Quality, and Value: A Means-End Model and Synthesis of Evidence (1988)Conceptualizing, Measuring, and Managing Customer-Based Brand Equity (1993)Developing and validating a multidimensional consumer-based brand equity scale (2001)Brands and Branding: Research Findings and Future Priorities (2006)FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)Determinants of corporate borrowing (1977)The theory and practice of corporate finance: evidence from the field (2001)Political Connections and the Cost of Bank Loans (2013)Beauty is in the eye of the beholder: The effect of corporate tax avoidance on the cost of bank loans (2014)Self-Concept in Consumer Behavior: A Critical Review (1982)The Effects of Sequential Introduction of Brand Extensions (1992)The Reputational Landscape (1997)Is a Company Known by the Company it Keeps? Assessing the Spillover Effects of Brand Alliances on Consumer Brand Attitudes (1998)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Job Market Signaling (1973)Transaction-Cost Economics: The Governance of Contractual Relations (1979)The Digitization of Word of Mouth: Promise and Challenges of Online Feedback Mechanisms (2003)Buzz: face-to-face contact and the urban economy (2004)The Impact of Social Structure on Economic Outcomes (2005)Consumer Information, Product Quality, and Seller Reputation (1982)Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships (1990)Initial Public Offerings and Underwriter Reputation (1990)Speculative Investor Behavior in a Stock Market with Heterogeneous Expectations (1978)Limited attention, information disclosure, and financial reporting (2003)Overconfidence and Speculative Bubbles (2003)Quality Disclosure and Certification: Theory and Practice (2010)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The role of information and financial reporting in corporate governance and debt contracting (2010)The Employment Effects of Credit Market Disruptions: Firm-level Evidence from the 2008–9 Financial Crisis * (2013)Environmental Externalities and Cost of Capital (2014)Judgment under Uncertainty: Heuristics and Biases (1974)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)Investor attention, overconfidence and category learning (2006)Retail Investor Sentiment and Return Comovements (2006)The Behavior of Individual Investors (2013)The Antecedents and Consequences of Customer Satisfaction for Firms (1993)Corporate Social Responsibility: A Theory of the Firm Perspective (2001)Disagreement and the Stock Market (2007)Ambiguity, Information Quality, and Asset Pricing (2008)Benchmarks as Limits to Arbitrage: Understanding the Low Volatility Anomaly (2010)
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References

  • 1970Information and Consumer Behavior5,796 cited
  • 1981The Role of Market Forces in Assuring Contractual Performance3,652 cited
  • 1990Consumer Evaluations of Brand Extensions3,266 cited
  • 1983Premiums for High Quality Products as Returns to Reputations2,325 cited
  • 2008How Does Financing Impact Investment? The Role of Debt Covenants2,077 cited
  • 2003Chapter 18 A survey of behavioral finance1,452 cited
  • 1991Evaluation of Brand Extensions: The Role of Product Feature Similarity and Brand Concept Consistency1,305 cited
  • 2015A Survey of Behavioral Finance1,220 cited
  • 2007Corporate Misreporting and Bank Loan Contracting1,192 cited
  • 2009The Credit Ratings Game966 cited
  • 2011How did increased competition affect credit ratings?695 cited
  • 2012Competition and the cost of debt670 cited
  • 2001The Long‐Run Stock Returns Following Bond Ratings Changes607 cited
  • 2010Markets: The Credit Rating Agencies606 cited
  • 1992Using Privileged Information to Manipulate Markets: Insiders, Gurus, and Credibility568 cited
  • 2009Rating the raters: Are reputation concerns powerful enough to discipline rating agencies?

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560 cited

Cited by

  • 2021CEO political preference and credit ratings100 cited
  • 2018Are Credit Ratings More Rigorous for Widely Covered Firms?89 cited
  • 2016The Effect of Reputation Shocks to Rating Agencies on Corporate Disclosures67 cited
  • 2021The Regulatory Role of Credit Ratings and Voluntary Disclosure59 cited
  • 2024Do Commercial Ties Influence ESG Ratings? Evidence from Moody's and S&P55 cited
  • 2019Do Rating Agencies Benefit from Providing Higher Ratings? Evidence from the Consequences of Municipal Bond Ratings Recalibration51 cited
  • 2022Credit ratings and social capital41 cited
  • 2023Retail bond investors and credit ratings38 cited
  • 2020Does the Dodd-Frank Act reduce the conflict of interests of credit rating agencies?37 cited
  • 2018Reputational Shocks and the Information Content of Credit Ratings37 cited
  • 2018Revolving Rating Analysts and Ratings of Mortgage-Backed and Asset-Backed Securities: Evidence from LinkedIn36 cited
  • 2021Market power and credit rating standards: Global evidence34 cited
  • 2019Compensation committees, CEO pay and firm performance31 cited
  • 2021Financial crisis, Bank failures and corporate innovation31 cited
  • 2022The Audit Quality Effects of Small Audit Firm Mergers in the United States20 cited