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Rating changes and the impact on stock prices
Purpose: The objective of this study is to analyze the impact of changes in credit ratings on the long-term return of Brazilian firms.Design/methodology/approach: We conducted an event study to measure how stock prices in the Brazilian stock exchange (B3) react to rating upgrades and downgrades by...
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Publicado en: | Revista Brasileira de Gestão de Negócios - RBGN |
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Main Authors: | , , |
Formato: | Artigo |
Idioma: | Inglês |
Publicado: |
Fundação Escola de Comércio Álvares Penteado
2020
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Assuntos: | |
Acceso en liña: | https://www.redalyc.org/articulo.oa?id=94768442008 |
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