Do managers withhold bad news from credit rating agencies?
Sign Up to like & getrecommendations! Published in 2019 at "Review of Accounting Studies"
DOI: 10.1007/s11142-019-09496-x
Abstract: Research documents that managers, on average, withhold bad news and emphasize good news in their public disclosures. We ask whether the same is true in their private communications with credit rating agencies. We study how… read more here.
Keywords: news; credit; information; rating agencies ... See more keywords
Who carried more credibility?: An analysis of the market responses to news from the Japanese government, the Japanese central bank and international credit rating agencies
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Economics and Business"
DOI: 10.1016/j.jeconbus.2018.05.002
Abstract: The Japanese economy has been in recession since its real estate crisis back in the 1990s. Since the burst of the bubble, the Japanese central bank has implemented unconventional monetary policy in an attempt to… read more here.
Keywords: central bank; news; rating agencies; international credit ... See more keywords
Short-term competition and long-term convergence between domestic and global rating agencies: Evidence from China
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DOI: 10.1371/journal.pone.0232804
Abstract: This article adds to the existing literature on global rating agencies (GRAs, i.e., the S&P, Moody’s, and Fitch) and domestic rating agencies (DRAs). In our research, we introduce the reputation, rating cost and rating accuracy… read more here.
Keywords: global rating; term; long term; rating agencies ... See more keywords