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The effect of a rating change announcement on bond price

Data up to Jan 2025

Published1977
Citations301
References18

Total Citations Per Year

Abstract

References (18)

Risk, Return, and Equilibrium: Empirical Tests

1973 • 14,580 citations

The Adjustment of Stock Prices to New Information

1969 • 3,289 citations

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2003 • 3,268 citations

The option pricing model and the risk factor of stock

1976 • 1,293 citations

Risk and return: The case of merging firms

1974 • 927 citations

Statistical Models of Bond Ratings: A Methodological Inquiry

1979 • 665 citations

INFLATION AND SECURITY RETURNS*

1975 • 238 citations

Bankruptcy, absolute priority, and the pricing of risky debt claims

1977 • 237 citations

The Effect of Regulation Changes on Insider Trading

1974 • 231 citations

THE PRICE ADJUSTMENT PROCESS OF BONDS TO RATING RECLASSIFICATIONS: A TEST OF BOND MARKET EFFICIENCY

1974 • 188 citations

The Differential Effects of Bond Rating Changes Among Industrial and Public Utility Bonds by Maturity

1976 • 162 citations

Bond Ratings, Bond Yields and Financial Regulation: Some Findings

1973 • 147 citations

Inflation and Security Returns

1975 • 106 citations

THE SEASONING PROCESS OF NEW CORPORATE BOND ISSUES

1978 • 49 citations

THE ASSOCIATION BETWEEN MARKET-DETERMINED RISK MEASURES FOR BONDS AND BOND RATINGS*

1976 • 45 citations

The Price and Adjustment Process of Bonds to Rating Reclassifications: A Test of Bond Market Efficiency

1974 • 42 citations

The Association Between Market-Determined Risk Measures for Bonds and Bond Ratings

1976 • 20 citations

Price Spreads, Performance, and the Seasoning of New Treasury and Agency Bond Issues

1977 • 8 citations

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The effect of a rating change announcement on bond price (1977) – Journal of Financial Economics | Metascience Observatory Explorer