Credit Ratings and Stock Liquidity

By Elizabeth R. Odders-White, M. Ready. 2006

185 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/20eef47ce4e00ff246dabff7dcbd865da40e09ba

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Sheri Tice
2. V. Dimitrov
3. J. Peña
4. Santiago Forte

In Finance

1. V. Dimitrov
2. Sheri Tice
3. J. Peña
4. Santiago Forte

Citations in the corpus

• Analyst forecast characteristics and the cost of debt (2011, unknown): “We also build on recent research that documents the effects of other information variables, such as disclosure quality (Yu, 2005; Sengupta, 1998), corporate governance (Ashaugh, Collins and LaFond, 2004), and probability of informed trading (Odders-White and Ready, 2006) on credit ratings and bond y”
• Corporate Diversification and Credit Constraints: Real Effects across the Business Cycle (2006, background): “However, Odders-White and Ready (2006) find that 98% of NYSE listed firms with Moody's bond ratings in 1998 also had S&P bond ratings.”
• Credit Spreads: An Empirical Analysis on the Informational Content of Stocks, Bonds, and CDS (2009, background): “6 Odders-White and Ready (2006) have documented a negative relationship between credit rating and stock liquidity, for instance, and Longstaff et al. (2005) et al. (2005), 40 in Norden and Weber (2005) and 16 in Zhu (2006).”
• Does Asymmetric Information Drive Capital Structure Decisions (2009, unknown): “... 2002), dividend (Graham, Koski, and Loewenstein 2006), stock splits (Desai, Nimalendran, and Venkataraman 1998), bond rating (Chae 2005), and takeover (Jennings 1994) announcements, as well as analyst coverage (Brennan and Subrahmanyam 1995), the opaqueness of banking firms’ assets (Flannery, Kw”
• Crossing the Lines: The Conditional Relation between Exchange Rate Exposure and Stock Returns in Emerging and Developed Markets (2012, unknown): “As a result, we use for the cross-sectional regressions market betas and exchange rate exposures that are estimated from regressions based on normalized data (similar procedures have been used e.g. in Brennan, Chordia, and Subrahmanyam, 1998; Llorente, Michaely, Saar, and Wang, 2001; Naik and Yadav,”