Does ownership structure improve credit ratings?
نویسندگان
چکیده
منابع مشابه
Credit Ratings and Capital Structure
This paper examines to what extent credit ratings directly affect capital structure decisions. The paper outlines discrete costs/benefits associated with firm credit rating level differences, and tests whether concerns for these costs/benefits directly affect debt and equity financing decisions. The tests find that firms near a rating upgrade or downgrade issue less debt relative to equity than...
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ژورنال
عنوان ژورنال: Journal of Governance and Regulation
سال: 2018
ISSN: 2306-6784,2220-9352
DOI: 10.22495/jgr_v7_i2_p3