The New World of Credit Ratings
25 Pages Posted: 21 Sep 2004 Last revised: 2 Nov 2011
Date Written: September 1, 2004
Abstract
Credit ratings are rarely even mentioned in business schools and remain one of the most understudied aspects of modern corporate finance. Although ratings and rating agencies have come under fire postEnron, they remain powerful gatekeepers to an issuer's access to, and cost of, capital:
* Trends and Implications for Issuers * Which Ratios Really Matter? * Stock Volatility & Interest Rate Movement * Industry Considerations * Multivariate Credit Models * How to Best Manage the Agencies Today
Suggested Citation: Suggested Citation
Pettit, Justin, The New World of Credit Ratings (September 1, 2004). Available at SSRN: https://ssrn.com/abstract=593522 or http://dx.doi.org/10.2139/ssrn.593522
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.