Determinants and Impact of Sovereign Credit Ratings

Valuation effects of security offerings and the issuance process

1986 • 1,281 citations

The Effect of Bond Rating Agency Announcements on Bond and Stock Prices

1992 • 966 citations

Statistical Models of Bond Ratings: A Methodological Inquiry

1979 • 665 citations

Is a Bond Rating Downgrade Bad News, Good News, or No News for Stockholders?

1993 • 475 citations

The credit rating industry

1994 • 411 citations

The Determination of Long-Term Credit Standing with Financial Ratios

1966 • 410 citations

The effect of a rating change announcement on bond price

1977 • 301 citations

THE ADJUSTMENT OF STOCK PRICES TO BOND RATING CHANGES

1978 • 299 citations

THE INFORMATIONAL CONTENT OF BOND RATINGS

1987 • 265 citations

The Effect of Bond-Rating Changes on Bond Price Performance

1997 • 242 citations

CLASSIFICATION MODELS AND BOND RATINGS

1985 • 193 citations

Sovereign Debt: is to Forgive to Forget?

1988 • 189 citations

The Effect of Bond Rating Agency Announcements on Bond and Stock Prices

1992 • 185 citations

A survey of the quantitative approaches to country risk analysis

1984 • 132 citations

The determinants of international creditworthiness and their policy implications

1985 • 102 citations

Targeting Capital Structure: The Relationship Between Risky Debt and the Firm's Likelihood of Being Acquired

1996 • 96 citations

Are the credit ratings assigned by bankers based on the willingness of LDC borrowers to repay?

1993 • 78 citations

Risk premia and the pricing of primary issue bonds

1988 • 62 citations

Sovereign Debt, Reputation and Credit Terms

1996 • 56 citations

References

1996 • 1 citations