Essays about: "rating agencies"

Showing result 21 - 25 of 60 essays containing the words rating agencies.

1. 21. Reactions of the Nordic Stock Markets to changes in Credit Ratings

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Reda Ben Larbi; Christoffer Ström; [2018]
   Keywords : Credit rating announcement; Business and Economics;

   Abstract : The relevance of credit ratings has seen augmented growth after the financial crises, especially in the Eurobond market, even though U.S. agencies have been criticised whether ratings are relevant information sources for international capital markets and if non-U.S. READ MORE

3. 22. Credit rating impact on the CDS market: the case of PIIGS countries coving European debt crisis period

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Xiaoan Zhou; [2018]
   Keywords : Sovereign Credit Rating; Credit Rating Agencies; CDS market; Sovereign CDS spread; European debt crisis;

   Abstract : In this paper, I analyze the impact of sovereign debt rating to CDS market under PIIGS (Portugal, Italy, Ireland, Greece and Spain) context during the European Debt Crisis. Via panel regression, I find country's sovereign rating and outlook have significant impact on the CDS market during the pre-crisis period. READ MORE

4. 23. Predicting Corporate Credit Ratings withMachine Learning Algorithms

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Ola Berger Bungum; [2017]
   Keywords : Credit ratings; machine learning; rating agencies; credit risk;

   Abstract : This thesis investigates the performance of machine learning models in predicting long-term issuer credit ratings, relative to the that of traditional statistical modeling approaches. Our dataset consists of 3,992 ratings by S&P, Moody's and Fitch of American non-financial, non-governmental companies, in the period 1 January 2010 through 1 September 2016. READ MORE

5. 24. The Informational Value of Credit Rating Actions - The European Case of the Stock Market Reaction to Credit Rating Agencies' Announcements

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Author : Magdalena Bator; Karolina Kropa; [2017]
   Keywords : credit rating change; watch; outlook; credit rating agency;

   Abstract : The paper applies the event study methodology to investigate the impact of credit rating events including outlook, watch, and rating change announcements (rating events) on share prices in Europe. In general, statistically significant, however, weak market reaction to negative rating events is found. READ MORE

6. 25. Influence of Macroeconomic Factors on the Performance of Sector Stock Indices

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Hauke Steffen; Kszenia Putyinceva; [2016]
   Keywords : Credit Rating; Industry Risk; Macroeconomics; Business and Economics;

   Abstract : The present paper aims to analyze the impact of eleven macroeconomic factors and the one-month lagged stock return on the performance of ten sectors within the United States. The set of potential factors is based on previous research as well as published methodologies of credit rating agencies. READ MORE