The effect of bond-rating changes on bondp price performance

Financial Analysts Journal

Volumn 53, Issue 3, 1997, Pages 35-51

  Hite, Gailen ^a   Warga, Arthur ^b  

^a Och Spine at New York Presbyterian Hospitals   (United States)

^b UNIVERSITY OF WISCONSIN MILWAUKEE   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0001906581     PISSN: 0015198X     EISSN: None     Source Type: Journal    
DOI: 10.2469/faj.v53.n3.2083     Document Type: Article

References (10)

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3. Dueweke, D.G., M. Hyland, and F. Siesel. 1992. "Measuring the New York Stock Exchange's Share of Corporate Trading Volume." Extra Credit: The Journal of High Yield Research, Merrill Lynch Global Securities Research & Economics Group (September/October):9-16.
4. Fridson, Martin S. 1989. "The Economics of Liquidity." Journal of High Yield Bond Research, Merrill Lynch Capital Markets:4-13.
5. Hand, J., Robert W. Holthausen, and Richard W. Leftwich. 1992. "The Effect of Bond Rating Agency Announcements on Bond and Stock Prices." Journal of Finance, vol. 47, no. 2 (June):733-52.
6. Lucas, D.J., and J.G. Lonski. 1992. "Changes in Corporate Credit Quality 1970-1990." Journal of Fixed Income, vol. 1, no. 4 (March):7-14.
7. Warga, A. 1991. "Corporate Bond Price Discrepancies in the Dealer and Exchange Markets." Journal of Fixed Income, vol. 1, no. 3 (December):7-16.
8. _. 1995. "A Fixed Income Data Base." Fixed Income Research Program, University of Wisconsin at Milwaukee.
9. Warga, A., and I. Welch. 1993. "Bondholder Losses in Leveraged Buyouts." Review of Financial Studies, vol. 6, no. 4 (Winter):959-82.
10. Weinstein, Mark I. 1977. "The Effect of a Rating Change Announcement on Bond Price." Journal of Financial Economics, vol. 5, no. 3 (December):329-50.