Does the market perceive a difference in rating agencies?

A frequent and recent topic in the financial press concerns the two major rating agencies, Moody’s and Standard & Poor’s. The reported perception is that Moody’s is less credible. In this study, we determine whether the market shares this perception and whether this perception carries an economi...

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Veröffentlicht in:	The Quarterly review of economics and finance 1999-10, Vol.39 (3), p.363-377
Hauptverfasser:	Kish, Richard J, Hogan, Karen M, Olson, Gerard
Format:	Artikel
Sprache:	eng
Schlagworte:	Bond markets Bond ratings Bonds Debt Effects Market shares Rating services Ratings Ratings & rankings Studies
Online-Zugang:	Volltext
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