Using comprehensive data on US corporate bond trades since 2002, we find evidence that
retail bond investors overrely on untimely credit ratings to their financial detriment …

We examine the impact of social media on credit rating agency practices, as measured by
issuer credit ratings. Information dissemination on social media increases the visibility of …

We explore the time-lag effects of Environmental, Social, and Governance (ESG) practices'
integration within firms from the NASDAQ 100 index, analyzing how this information is …

We examine whether individual-level taxes affect executives' propensity to use nonpublic
information in insider trades. We predict and find a positive relation between abnormal …

We examine the significance and uniqueness of individual-pair relationships cultivated
through repeated loan interactions. Using a hand-collected dataset compiled of borrowing …

This study examines the association between sales order backlog and credit ratings. We
posit that credit rating agencies consider order backlog as a positive signal about strong …

While the production of credit ratings has long been limited mainly to rating agencies
(CRAs), recent years have seen the growing popularity of consensus credit ratings …

Credit ratings are important for real estate investment trusts (REITs) given their dependence
on external capital to support growth. However, relatively little research has examined how …

We investigate the capital market reactions to the publication of the Sustainability
Accounting Standards Board's (SASB) standards on the financial materiality of …

This paper examines the impact of credit rating downgrade risk on stock price crash risk.
Using various proxies to identify the proximity to credit rating downgrades, I find firms closer …