Do Firms Manage Their Credit Ratings? Evidence from Rating-Based Contracts
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DOI: 10.2308/acch-52213
Abstract: SYNOPSIS This paper examines whether firms with rating-based performance-priced loan contracts (PPrating firms) manage cash flow from operations (CFO) and accruals to obtain better firm credit rati... read more here.
Keywords: manage credit; credit ratings; firms manage; rating based ... See more keywords