Credit ratings and firm value

A topic of relevance to financial managers is the relation between a credit rating and firm value (VL). The general aim of this paper is to elucidate this relation with a specific objective of helping C corp managers choose an optimal target rating (OTR). To achieve these goals, we use the Capital S...

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Bibliographic Details
Main Author: Robert M. Hull
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2020-06-01
Series:Investment Management & Financial Innovations
Subjects:
Online Access:https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/13593/IMFI_2020_02_Hull.pdf