The Relationship between Bond Rating Changes and Financial Markets
碩士 === 國立中興大學 === 財務金融系所 === 99 === This study investigates the effect of bond rating changes on the stock, bond, credit default swap (CDS) and option markets as well as stock analyst recommendation revisions. In the stock and bond market, we find significant negative stock and bond returns to downg...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2011
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| Online Access: | http://ndltd.ncl.edu.tw/handle/8jhka3 |