The Power of Credit Ratings - A study of credit rating changes’ effects on essential firm aspects
(2014) FEKH89 20141Department of Business Administration
- Abstract (Swedish)
- The aim of this study is to empirically examine how a change in credit rating affects three specific firm aspects: capital structure, valuation and performance. We want to extend the scope of previous research by examining whether US firms change their capital structure after a change in its Broad rating. We will also investigate whether a change in firms’ long-term ratings has an effect on firm valuation and performance.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/4523371
- author
- Høgheim, Victoria LU ; Bjørndalen, Fanny Andrea LU ; Nilsson, Johanna LU and Svensson, Marielle LU
- supervisor
- organization
- course
- FEKH89 20141
- year
- 2014
- type
- M2 - Bachelor Degree
- subject
- keywords
- Credit ratings, capital structure, financial ratios, valuation, performance
- language
- English
- id
- 4523371
- date added to LUP
- 2014-07-02 18:09:36
- date last changed
- 2014-07-02 18:09:36
@misc{4523371, abstract = {{The aim of this study is to empirically examine how a change in credit rating affects three specific firm aspects: capital structure, valuation and performance. We want to extend the scope of previous research by examining whether US firms change their capital structure after a change in its Broad rating. We will also investigate whether a change in firms’ long-term ratings has an effect on firm valuation and performance.}}, author = {{Høgheim, Victoria and Bjørndalen, Fanny Andrea and Nilsson, Johanna and Svensson, Marielle}}, language = {{eng}}, note = {{Student Paper}}, title = {{The Power of Credit Ratings - A study of credit rating changes’ effects on essential firm aspects}}, year = {{2014}}, }