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pro vyhledávání: '"Nandu (Nandkumar) Nayar"'
Publikováno v:
The Journal of Risk Finance, 2015, Vol. 16, Issue 4, pp. 378-394.
Externí odkaz:
http://www.emeraldinsight.com/doi/10.1108/JRF-11-2014-0159
Publikováno v:
The Journal of Risk Finance. 16:378-394
Purpose – This paper aims to determine the equity and debt market reactions of firms to the news of their hiring a credit rating agency (CRA) analyst. Due to recent controversies related to CRAs, the US Securities and Exchange Commission (SEC) requ
Publikováno v:
Financial Review. 45:105-127
We examine the market impact of issuances of public and private debt by firms with sizeable tax loss carryforwards (TLCFs). Public issuances are met with a significantly negative stock price reaction, while private placements are associated with a po