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

  1. Momentum: A Rational Interpretation

    … that attempt to explain the asset pricing phenomenon known as momentum. I revisit the seminal work of Chordia and Shivakumar (2002); Cooper, Guiterrez and Hameed (2004); and Stivers and Sun (2010). Using an updated sample, I reexamine their findings, while also comparing the results by credit …

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  2. Essays on corporate finance

    … CDS market reaction is larger in the case 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 …

    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)