An Analysis of the Information Content of Bond-Rating Changes: A Case of Differential Information
This dissertation examines the reaction of common stock prices to the announcement of changes in bond ratings by Moody's Bond Service, while having a control for differential information availability. The Institutional Brokers Estimate System (I/B/E/S) number of security analysts and coefficien...
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| Format: | Others |
| Language: | English |
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University of North Texas
1991
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| Online Access: | https://digital.library.unt.edu/ark:/67531/metadc332706/ |