Corporate financing and anticipated credit rating changes

Article English OPEN
Hung, Chi-Hsiou D.; Banerjee, Anurag; Meng, Qingrui;
(2017)

Firm circumstances change but rating agencies may not make timely revisions to their\ud ratings, increasing information asymmetry between firms and the market. We examine\ud whether firms time the securities market before a credit rating agency publicly reveals\ud its d... View more
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