Common Stock Returns and Rating Changes: A Methodological Comparison
- 1 March 1982
- journal article
- Published by JSTOR in The Journal of Finance
- Vol. 37 (1) , 103-119
- https://doi.org/10.2307/2327120
Abstract
This paper examines the adjustments in a firm's common stock price during the eleven months before and during the month of announcement of a bond rating change. Based on several different measures of...Keywords
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