Rating agency actions and the pricing of debt and equity of European Banks: What can we infer about private sector monitoring of bank soundness?

Economic Notes

Volumn 30, Issue 3, 2001, Pages 373-398

  Gropp, Reint ^a   Richards, Anthony J ^b  

^a EUROPEAN CENTRAL BANK   (Germany)

^b INTERNATIONAL MONETARY FUND   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

BANKING; DEBT; EQUITY; PRIVATE SECTOR;

EUROPE;

EID: 0035663999     PISSN: 03915026     EISSN: None     Source Type: Journal    
DOI: 10.1111/1468-0300.00064     Document Type: Article

References (20)

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6. Robust vs. OLS estimation of the market model: Implications for event studies
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15. Bond rating agencies and their role in bank market discipline
16. Do capital markets predict problems in large commercial banks?
17. Determinants of valuation effects for commercial bank security offerings