We examine the relation between asset opaqueness and split ratings. We find that firms with asset opaqueness problems are more likely to receive split bond ratings from Moody s and S&P rating agencies. Our results suggest that there is a causal link between asset opaqueness and split ratings. Copyright (c) 2007 Financial Management Association International.
Wesley M. Jones is an Assistant Professor of Finance at Georgia Southern University
This paper attempts to explain the yield spreads charged to new corporate debt issues by comparing t...
We classify and test empirical measures of firm opacity and document theoretical and empirical incon...
The question of whether banks are relatively more opaque than non-banking firms is empirically inves...
The question of whether banks are relatively more opaque than non-banking firms is empirically inves...
"This paper examines the relationship between split bond ratings and bond yields at the notch level ...
In this paper, we explicitly model a bond rating process under varying degrees of bond opacity and d...
It has been argued that the opaqueness of structured bonds, such as mortgage-backed securities, asse...
We investigate how split ratings influence the information content of credit rating events on the so...
We study the informative value of stress tests by investigating the impact of the disclosure of thei...
It has been argued that the recent financial crisis starting late 2007 is largely due to the opaquen...
This comparison of solicited and independent bond rating agencies performance reveals that the ratin...
Abstract: This comparison of solicited and independent bond rating agencies performance reveals tha...
textabstractAbstract: This paper explores the role played by multiple credit rating agencies (...
This paper examines the role of bond ratings and the effects of rating-based regulations in the corp...
Wesley M. Jones is an Assistant Professor of Finance at Georgia Southern University
This paper attempts to explain the yield spreads charged to new corporate debt issues by comparing t...
We classify and test empirical measures of firm opacity and document theoretical and empirical incon...
The question of whether banks are relatively more opaque than non-banking firms is empirically inves...
The question of whether banks are relatively more opaque than non-banking firms is empirically inves...
"This paper examines the relationship between split bond ratings and bond yields at the notch level ...
In this paper, we explicitly model a bond rating process under varying degrees of bond opacity and d...
It has been argued that the opaqueness of structured bonds, such as mortgage-backed securities, asse...
We investigate how split ratings influence the information content of credit rating events on the so...
We study the informative value of stress tests by investigating the impact of the disclosure of thei...
It has been argued that the recent financial crisis starting late 2007 is largely due to the opaquen...
This comparison of solicited and independent bond rating agencies performance reveals that the ratin...
Abstract: This comparison of solicited and independent bond rating agencies performance reveals tha...
textabstractAbstract: This paper explores the role played by multiple credit rating agencies (...
This paper examines the role of bond ratings and the effects of rating-based regulations in the corp...
Wesley M. Jones is an Assistant Professor of Finance at Georgia Southern University
This paper attempts to explain the yield spreads charged to new corporate debt issues by comparing t...
We classify and test empirical measures of firm opacity and document theoretical and empirical incon...