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Showing 1 to 3 of 3 for “"Investment Grade Firms"”.

  1. Momentum: A Rational Interpretation

    … rating. It has been shown that, among rated firms, momentum appears to exist only among firms with a non-investment grade credit rating. By comparing the results of the investment grade firms with those of the non-investment grade firms, we can see which are being driven by firms that …

    queens Repository record for Momentum: A Rational Interpretation (opens in a new tab)

  2. Essays on corporate finance

    … of non-G-Index related provisions and for non-investment grade firms. Moreover, consistent with the short-run market reaction, the firm credit rating improves on average by about half a notch in two years after the voting, further supporting the hypothesis in the long- term. Chapter 2: Local …

    uiuc Repository record for Essays on corporate finance (opens in a new tab)

  3. Three Essays in Empirical Asset Pricing

    … led to extraordinary government intervention in firms and markets. The scope and depth of government action rivaled that of the Great Depression. Many traded markets experienced dramatic declines in liquidity leading to the existence of conditions normally assumed to be promptly removed via the …

    uiuc Repository record for Three Essays in Empirical Asset Pricing (opens in a new tab)