Sökning: "credit rating announcements"

Visar resultat 21 - 22 av 22 uppsatser innehållade orden credit rating announcements.

1. 21. The effect of changes in credit rating on CDS spreads: - An empirical study of European companies rated by Standard & Poor´s, Moody´s and Fitch

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

   Författare :Olof Made; Tommy Olszamowski; [2008]
   Nyckelord :CDS; Credit Default Swap; Credit Ratings; Event study; iTraxx; Europe;

   Sammanfattning : A company’s credit default swap spread is the cost per annum for protection against a default by the company. In this paper we investigate the effect of credit rating announcements on the credit default spreads in Europe. We find all announcement types except Downgrade to be statistically significant. LÄS MER

3. 22. The effect of changes in credit ratings on equity returns: A study of Nordic companies rated by Moody's and Standard and Poor's

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

   Författare :Thomas Bergh; Olof Lennström; [2006]
   Nyckelord :Credit ratings; Nordic; Equity; Event study; Cross-sectional;

   Sammanfattning : The link between credit risk and return patterns on equity markets has increasingly become an area of interest. In this thesis we investigate the existence of a systematic relationship between credit ratings, as indicators of credit risks, and abnormal equity returns. LÄS MER