The impact of impending credit rating change on managerial voluntary disclosure

• Main Author: He, Guanming
• Other Authors: Nanyang Business School
• Format: Theses and Dissertations
• Language: English
• Published: 2013
• Subjects: DRNTU::Business::Accounting
• Online Access: http://hdl.handle.net/10356/53396
• Institution: Nanyang Technological University

This study investigates whether and how managers commit to voluntary disclosure to maintain or achieve a desired credit rating during an impending credit rating change. I find that firms near a rating change are more likely to publicly release product and business expansion information to increase i...