Announcement Effects of Bond Rating Changes on Common Stock Prices
This dissertation examines the reaction of common stock prices to changes in bond ratings by Moody's Bond Service. The question is whether an announcement of a re-rating by Moody's is new information. There are only two studies of stock price reaction to bond changes and the results are co...
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| Format: | Others |
| Language: | English |
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North Texas State University
1984
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| Online Access: | https://digital.library.unt.edu/ark:/67531/metadc332023/ |