Rating Changes and New Bond Issues: Some New Insights

Bhandari, Shyam B.; Chrisman, James J.; Rubash, Arlyn R.
June 1985
American Business Review;Jun85, Vol. 3 Issue 1, p35
Academic Journal
Focuses on a study investigating rating changes and mutual bond issues. How a bond rating is intended to be a lasting measure of quality; How rating agencies should not anticipate altered conditions; Hypothesis given regarding the consistancy and reliability of bond ratings and the rating process; Conclusions.


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