Credit ratings and managerial voluntary disclosures
(2018)
Journal Article
He, G. (2018). Credit ratings and managerial voluntary disclosures. Financial Review, 53(2), 337-378. https://doi.org/10.1111/fire.12149
This study investigates whether managers influence credit ratings via voluntary disclosures. I find that firms near a rating change have a higher incidence of a disclosure regarding product and business expansion (PBE) plans. This finding is more evi... Read More about Credit ratings and managerial voluntary disclosures.