Sökning: "credit rating announcements"

Visar resultat 16 - 20 av 22 uppsatser innehållade orden credit rating announcements.

  1. 16. The Effect of Credit Rating Actions on European Government Bonds

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

    Författare :Mirco Bulega; [2013]
    Nyckelord :credit ratings announcements; sovereign debt crisis; European government bonds; slope of the sovereign yield curve; abnormal returns;

    Sammanfattning : This thesis examines the effect of credit rating announcements released by the three major rating agencies (Fitch, Moody's, and Standard & Poor's) on European government bonds from 17/01/1991 until 05/04/2013, by looking at one key area, and three interrelated topics. Firstly, I evaluate the impact of credit rating announcements on European government bond returns. LÄS MER

  3. 17. Sovereign Credit Rating effects on equity markets: Applied on US Data

    Kandidat-uppsats, Sektionen för hälsa och samhälle (HOS)

    Författare :Axel Berglund; Carl Fransson; [2012]
    Nyckelord :Sovereign credit rating; event studies; cumulative abnormal return; abnormal return; regression model; High debt versus low debt. U.S stock market;

    Sammanfattning : This paper is a study on how U.S stock market reacts on sovereign credit rating announcements, and if there is a significant difference between low or high debt firms. We have used an event study based on historical stock prices from 30 companies, 15 with high debt and 15 with low debt. LÄS MER

  4. 18. Determinants of forex market movements during the European sovereign debt crisis: The role of credit rating agencies.

    Master-uppsats, IHH, Economics, Finance and Statistics

    Författare :Marharyta Karpava; [2012]
    Nyckelord :credit rating; sovereign debt crisis; euro depreciation; event study;

    Sammanfattning : The purpose of this thesis is to identify key factors underlying exchange rate developments during the European sovereign debt crisis by examining the impact of credit rating news, published by the three leading credit rating agencies, on conditional returns and volatility of EUR/USD (direct quotation) exchange rate. Empirical results highlight the importance of interest rate differential and volatility index of options exchange in explaining EUR/USD exchange rate volatilities. LÄS MER

  5. 19. How do sovereign debt yields respond to credit rating announcements

    Magister-uppsats, IHH, Economics, Finance and Statistics

    Författare :Skirmantas Matelis; [2012]
    Nyckelord :credit rating agencies; sovereign debt yields; event study;

    Sammanfattning : The concept of asymmetric information is probably best described by medieval idiom to buy a pig in a poke or to buy a cat in a sack, and is a long standing issue in a market economy. A solution to this predicament, is thought to be an objective third party certifier who would provide true information for the market participants. LÄS MER

  7. 20. The Impacts of Sovereign Credit Ratings on Exchange Rates-Evidence from Eurozone Sovereign Debt Crisis

    Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Jian Yang; Lei Zhang; [2011]
    Nyckelord :Sovereign credit rating; Exchange rate; Eurozone sovereign debt crisis; Business and Economics;

    Sammanfattning : This paper examines the impacts of Eurozone sovereign credit rating announcements by three leading rating agencies on exchange rates from January 1, 2009 to March 31, 2011. Firstly we report the mean and volatility of USD/EUR in response to Eurozone sovereign rating news. LÄS MER