Essays about: "Moody s"

Showing result 1 - 5 of 25 essays containing the words Moody s.

1. 1. The Effect of Credit Rating Announcements on the GICS Market Sectors

   University essay from Göteborgs universitet/Graduate School

   Author : Karl Rohlén; Tobias Rosén; [2021-06-30]
   Keywords : Abnormal returns; Rating Announcements; Credit Rating Changes; Credit Outlooks; Credit Reviews; Standard Poor’s; Moody’s;

   Abstract : The purpose of this paper is to test the effect on the GICS sectors stock returns found on the S&P 500 from credit rating announcements provided by Standard & Poor’s and Moody’s through an event study spanning from 2000 to 2019. We find that the GICS sectors exhibit different effects in stock returns, where the magnitude depends on the rating announcement. READ MORE

3. 2. Understanding Credit Ratings and their Drivers: An Empirical Study of U.S.-based Corporations

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Simon Törnmalm; [2019]
   Keywords : Credit ratings; drivers; credit rating agencies; targeting credit ratings; Business and Economics;

   Abstract : This text sets out to examine what the general quantitative drivers of corporate credit ratings are. The result from an OLS regression identifies the following drivers: sales, the size of EBITDA in relation to debt, profitability, and interest coverage. When comparing the ratings from the agencies on a stand-alone basis, there are some differences. READ MORE

4. 3. Bank capitalization and credit rating assessment : Evidence from the EBA stress test

   University essay from Högskolan i Jönköping/Internationella Handelshögskolan

   Author : Evgenia Dimitrova; [2016]
   Keywords : Bank capitalization; Moody’s credit rating assessment; EBA stress test; capital structures; banks adequacy and solvency; excess equity;

   Abstract : Banks face market pressure when determining their capital structures because they are subject to strict regulations. CFOs are willing to adjust their company’s capital structures in order to obtain higher ratings. READ MORE

5. 4. The impact of Credit Rating Announcements on Credit Default Swap Spreads - An empirical study of the North American Credit Default Swap Market before, during and after the global financial crisis of 2008-2009

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Andreas Luczak; Laurynas Ruzgas; [2015]
   Keywords : credit rating announcements; credit default swap spread; CDS spreads; event study; Moody’s; credit rating agencies; financial crisis; recession; Business and Economics;

   Abstract : A Credit Default Swap spread is a reliable measure of credit risk as it is the compensation demanded by a party to bear this risk. Officially, credit risk is denoted as credit ratings announced by credit rating agencies. READ MORE

6. 5. Political rhetoric vs. economic policy : – the case of Nicaragua

   University essay from Uppsala universitet/Nationalekonomiska institutionen

   Author : Sten Ström; [2014]
   Keywords : “leftist” and “rightist” ideologies and economic policy; income distribution; inequality; macro-economic indicators;

   Abstract : Political ideologies translate into both rhetoric and actual economic policy, and both are important factors for explaining economic development such as foreign direct investment and the distribution of growth. In Nicaragua, the government calls itself “socialist”, but neither local big business nor rating firms or foreign investors seem to be anxious. READ MORE