Abstract The bear Gulf Cooperation Council (GCC) sectoral equity markets in the midst of
the COVID-19 pandemic presented us a test case to revisit the previously proclaimed refuge …

This paper investigates the association between systemic risk and sovereign credit ratings
issued by the three credit rating agencies (CRAs), ie, Moody's, S&P, and Fitch, for 65 …

This paper proposes a new approach for tackling the issue of the impact of sovereign rating
on corporate ratings. As the policy of never rating a private issuer above its government …

We propose a model in which sovereign credit news from multiple rating agencies interacts
with market heterogeneity. The model illustrates that the first messenger discloses new …

This paper investigates the reaction of global equity market sectors to sovereign rating news
issued by the three largest credit rating agencies (CRAs), S&P, Moody's, and Fitch, during …

The purposes of this research are first to investigate the effects of national culture on
corporate ratings and further explore whether the positive spillover effects of sovereign …

Relying on a perspective borrowed from monetary policy announcements and introducing
an econometric twist in the traditional event study analysis, we document the existence of an …

We examine the main effects of ICT penetration and the shadow economy on sovereign
credit ratings and the cost of debt, along with possible second-order effects between the two …

This paper investigates the impact of the introduction of ESMA credit rating identifiers on the
quality of ratings. These identifiers form part of the disclosure requirements placed upon …

Ülke Kredi Derecelendirme notları finansal piyasalarda büyük bir öneme sahiptir.
Derecelendirme notlarının piyasada fon ihtiyacı olanlar ve yatırımcılar arasında ortak bir …