TY  - RPRT
AU  - Abad Romero, Pilar
AU  - Robles Fernández, María Dolores
PY  - 2005
UR  - https://hdl.handle.net/20.500.14352/56625
AB  - This study analyzes the effect of corporate bond rating changes over stock prices. We explore the effects over excess of returns and systematic risk. Rating changes by Moody´s, Standard and Poor´sor FitchIBCA are analyzed. On an efficient market,...
LA  - eng
A3  - Instituto Complutense de Análisis Económico. Universidad Complutense de Madrid
KW  - Credit rating agencies
KW  - Rating changes
KW  - Event study
KW  - Stock returns
KW  - Event study dummy approach
KW  - Systematic risk
KW  - SUR
TI  - Risk and returns around bond rating changes: New evidence from the Spanish Stock Market
TY  - technical report
VL  - 2005
ER  -