Nayar is from the Finance Division, University of Oklahoma, and Rozeff is from the School of Management, the State University of New York at Buffalo. We thank Uday Chandra, Gary Emery, Scott Linn, Ajai Singh, René Stulz, and especially Louis Ederington and an anonymous referee, for valuable comments. Nayar is grateful to the Center for Financial Studies at the University of Oklahoma for financial support. Jainbo Li, Ted Martin, Zdraska Nikolovska, and Mary Smith provided excellent research assistance.
Ratings, Commercial Paper, and Equity Returns
Version of Record online: 30 APR 2012
© 1994 the American Finance Association
The Journal of Finance
Volume 49, Issue 4, pages 1431–1449, September 1994
How to Cite
NAYAR, N. and ROZEFF, M. S. (1994), Ratings, Commercial Paper, and Equity Returns. The Journal of Finance, 49: 1431–1449. doi: 10.1111/j.1540-6261.1994.tb02460.x
- Issue online: 30 APR 2012
- Version of Record online: 30 APR 2012
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