Impact of Credit Rating Changes on the Malaysian Stock Market

This thesis examines the reaction of common stock returns to bond rating changes for the period 2002 - 2010 in Malaysia. Many of the findings are consistent with previous research in other markets. Downgrades are found to produce significant negative reaction prior to the rating announcement and aft...

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Bibliographic Details
Main Author: Abdul Rashid, Hafidz Rizal
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/24694/