The corporate credit rating changes and firm returns in a transitional economy: A case of South Africa
Background: Investors depend on rating agencies to provide an independent assessment of the ability of companies operating in the transition economy to meet their debt obligations. Any change in a firm’s credit rating conveys informed signals about the financial health of the firm and that informati...
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Format: | Article |
Language: | English |
Published: |
AOSIS
2019-11-01
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Series: | South African Journal of Business Management |
Subjects: | |
Online Access: | https://sajbm.org/index.php/sajbm/article/view/460 |