The informational content of 'non-rated' issuer ratings

• Main Author: Dawne, Siau
• Other Authors: Tan, Kok Hui
• Format: Theses and Dissertations
• Language: English
• Published: 2008
• Subjects: DRNTU::Business::Finance::Risk management
• Online Access: http://hdl.handle.net/10356/7660
• Institution: Nanyang Technological University

This paper examines a distinct category of issuers ratings by the Standard & Poor’s credit rating agency – the event of ‘Non-rated’ or ‘NR’ designations. Interest generated in this topic stems from the general believe that issuers who are dissatisfied with S&P’s proposed issuer ratings are...