Sökning: "credit rating announcements"

Visar resultat 11 - 15 av 22 uppsatser innehållade orden credit rating announcements.

1. 11. The impact of Credit Rating Announcements on Credit Default Swap Spreads - An empirical study of the North American Credit Default Swap Market before, during and after the global financial crisis of 2008-2009

   Kandidat-uppsats, Lunds universitet/Nationalekonomiska institutionen

   Författare :Andreas Luczak; Laurynas Ruzgas; [2015]
   Nyckelord :credit rating announcements; credit default swap spread; CDS spreads; event study; Moody’s; credit rating agencies; financial crisis; recession; Business and Economics;

   Sammanfattning : A Credit Default Swap spread is a reliable measure of credit risk as it is the compensation demanded by a party to bear this risk. Officially, credit risk is denoted as credit ratings announced by credit rating agencies. LÄS MER

3. 12. Earnings Announcements In The Credit Default Swap Market - An Event Study

   Master-uppsats, Uppsala universitet/Företagsekonomiska institutionen

   Författare :Martin Johansson; Johanna Nederberg; [2014]
   Nyckelord :Credit default swaps; European CDS market; Earnings announcements; Earnings surprises; Event study; Market efficiency;

   Sammanfattning : This paper investigates the European CDS markets response to earnings announcements between the years 2011-2013. Through the use of event study methodology, we investigate if the CDS market reacts to earnings news in terms of abnormal spread changes. LÄS MER

4. 13. Impacts Of Credit Rating Announcements On Share Price In The NASDAQ Market And The Role Of The Credit Rating Agencies

   Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

   Författare :Alexandros Michailidis; Wanlin Wu; [2014]
   Nyckelord :Credit Rating Announcement; Standard and Poor’s; NASDAQ; Event Study; Business and Economics;

   Sammanfattning : The purpose of this paper is to investigate the response of the stock prices of firms based on NASDAQ Select Market, during the Credit Rating Announcements made by one of the major rating agencies, Standard and Poor’s, before and after the Great Financial Crisis of 2007-2008. The test procedure is the application of the event study by which we are going to investigate whether or how much the markets respond to Credit Rating Announcements. LÄS MER

5. 14. Stock Market Impact of Sovereign Credit Rating Announcements: The Case of GIIPS and BRIC countries during the European Sovereign Debt Crisis of 2009-2013

   D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Författare :Alexander Paterson; Delphine Gauthier; [2013]
   Nyckelord :Sovereign Credit Rating; Cumulative Abnormal Return; GIIPS; BRIC; Credit Rating Agency;

   Sammanfattning : In this study, we analyse the effects of sovereign credit rating reviews on national stock market performances in GIIPS and BRIC countries during the European Sovereign Debt Crisis of 2009-2013. Through an event study, we test the Null Hypothesis that cumulative abnormal returns on national stock market indices are zero and find that sovereign debt downgrades produce negative cumulative abnormal returns for GIIPS countries, the effect being larger for small economies compared to big economies. LÄS MER

7. 15. The effect of credit rating announcements on CDS spreads - an empirical study of the European, American and Asian-Pacific CDS markets

   Kandidat-uppsats, Lunds universitet/Nationalekonomiska institutionen

   Författare :Dominika Krygier; [2013]
   Nyckelord :Credit rating; credit default swap spread; credit risk; event study; Moody’s; Business and Economics;

   Sammanfattning : Credit default swap spreads and credit ratings are two indicators and measures of credit risk. A credit default swap is a type of financial derivative that protects the holder from any losses incurred by the reference entity in the case of a negative credit event, in return for an annual premium, the spread. LÄS MER