Analyzing the Effects of Credit Rating Changes, the Recent Financial Crisis and Other Variables on Firms' Debt Levels
This paper utilizes a sample of firms over the years 2000–2009 to test the effects of credit rating changes, the financial crisis, interest rates, and other variables on short-term, long-term, and total debt levels on the balance sheet. Each independent variable was created using a one year lag in o...
Main Author: | |
---|---|
Format: | Others |
Published: |
Scholarship @ Claremont
2011
|
Subjects: | |
Online Access: | http://scholarship.claremont.edu/cmc_theses/151 http://scholarship.claremont.edu/cgi/viewcontent.cgi?article=1152&context=cmc_theses |