Advanced search
Publication Cover
Applied Economics Letters Volume 27, 2020 - Issue 12
Submit an article Journal homepage
367
Views
2
CrossRef citations to date
0
Altmetric
Research Article

Bank financing and credit ratings

Mascia BedendoAudencia Business School, Nantes, FranceORCID Iconhttps://orcid.org/0000-0003-0611-0860
ORCID Icon &
Linus SimingAudencia Business School, Nantes, FranceCorrespondence[email protected]
ORCID Iconhttps://orcid.org/0000-0003-0374-7348
ORCID Icon
Pages 965-970 | Published online: 01 Aug 2019

References

  • Alp, A. 2013. “Structural Shifts in Credit Rating Standards.” Journal of Finance 68: 2435–2470. doi:10.1111/jofi.12070.
  • Baghai, R., H. Servaes, and A. Tamayo. 2014. “Have Rating Agencies Become More Conservative? Implications for Capital Structure and Debt Pricing.” Journal of Finance 69: 1961–2005. doi:10.1111/jofi.12153.
  • Berlin, M., and J. Loyes. 1988. “Bond Covenants and Delegated Monitoring.” Journal of Finance 43: 397–412. doi:10.1111/j.1540-6261.1988.tb03946.x.
  • Bolton, P., and X. Freixas. 2000. “Equity, Bonds, and Bank Debt: Capital Structure and Financial Market Equilibrium under Asymmetric Information.” Journal of Political Economy 108: 324–351. doi:10.1086/262121.
  • Boot, A., and A. Thakor. 1997. “Financial System Architecture.” Review of Financial Studies 10: 693–733. doi:10.1093/rfs/10.3.693.
  • Boyd, J., and E. Prescott. 1986. “Financial Intermediary-coalitions.” Journal of Economic Theory 38: 211–232. doi:10.1016/0022-0531(86)90115-8.
  • Chemmanur, T., and P. Fulghieri. 1994. “Reputation, Renegotiation, and the Choice between Bank Loans and Publicly Traded Debt.” Review of Financial Studies 7: 475–506. doi:10.1093/rfs/7.3.475.
  • Colla, P., F. Ippolito, and K. Li. 2014. “Debt Specialization.” Journal of Finance 68: 2117–2141. doi:10.1111/jofi.12052.
  • Denis, D., and V. Mihov. 2003. “The Choice among Bank Debt, Non-bank Private Debt and Public Debt: Evidence from New Corporate Borrowings.” Journal of Financial Economics 70: 3–28. doi:10.1016/S0304-405X(03)00140-5.
  • Diamond, D. 1984. “Financial Intermediation and Delegated Monitoring.” Review of Economic Studies 51: 393–414. doi:10.2307/2297430.
  • Diamond, D. 1991. “Monitoring and Reputation: The Choice between Bank Loans and Privately Placed Debt.” Journal of Political Economy 99: 689–721. doi:10.1086/261775.
  • Fama, E. 1985. “What’s Different about Banks?.” Journal of Monetary Economics 15: 29. doi:10.1016/0304-3932(85)90051-0.
  • Fitch. 2010. Corporate Ratings Methodology. New York: Fitch Ratings.
  • Gertner, R., and D. Scharfstein. 1991. “A Theory of Workouts and the Effects of Reorganization Law.” Journal of Finance 46: 1189–1222.
  • Graham, J., and C. Harvey. 2001. “The Theory and Practice of Corporate Finance: Evidence from the Field.” Journal of Financial Economics 60: 187–243. doi:10.1016/S0304-405X(01)00044-7.
  • Houston, J., and C. James. 1996. “Bank Information Monopolies and the Mix of Private and Public Debt Claims.” Journal of Finance 51: 863–889. doi:10.1111/j.1540-6261.1996.tb05229.x.
  • Kisgen, D. 2009. “Do Firms Target Credit Ratings or Leverage Levels?” Journal of Financial and Quantitative Analysis 44: 1323–1344. doi:10.1017/S002210900999041X.
  • Moody’s. 2016. Index of Credit Rating Methodologies, Cross Sector Methodologies, and Other Permissible Service Methodologies. New York: Moody’s Investor Service.
  • Rauh, J., and A. Sufi. 2010. “Capital Structure and Debt Structure.” Review of Financial Studies 23: 4242–4280. doi:10.1093/rfs/hhq095.
  • S&P. 2008. Corporate Ratings Criteria. New York: Standard and Poor’s.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.