Effect of Credit Rating on Firm Performance and Stock Return: Evidence form KSE Listed Firms
Published By: Pakistan Institute of Development Economics (PIDE) | Published Date: May, 01 , 2014This study investigates the determinants of credit ratings of firms and the impact of credit rating on firms’ performance and stock return for listed firms in Pakistan. For empirical analysis of this study, panel data of 63 financial and nonfinancial firms rated by Pakistan Credit Rating Agency (PACRA) and Karachi Stock Exchange covering period from 2007-2011 is used on the basis of availability of data.
Author(s): Rubina Shaheen, Attiya Yasmin Javid | Posted on: Feb 03, 2016 | Views() | Download (130)