Seung Hun Han is an Assistant Professor of Finance at KAIST in Daejeon, Korea. Michael S. Pagano is the Robert J. and Mary Ellen Darretta Endowed Chair in Finance at Villanova University in Villanova, PA. Yoon S. Shin is an Assistant Professor of Finance at Loyola University Maryland in Baltimore, MD.
Rating Agency Reputation, the Global Financial Crisis, and the Cost of Debt
Article first published online: 13 SEP 2012
© 2012 Financial Management Association International.
Volume 41, Issue 4, pages 849–884, Winter 2012
How to Cite
Han, S. H., Pagano, M. S. and Shin, Y. S. (2012), Rating Agency Reputation, the Global Financial Crisis, and the Cost of Debt. Financial Management, 41: 849–884. doi: 10.1111/j.1755-053X.2012.01204.x
We are especially thankful to the Bill Christie (Editor), an anonymous referee, Bruce Lehmann, Jean Helwege, Chester Spatt, and other participants at the 2010 Credit Ratings Workshop of the NBER, the 2010 Financial Management Association meeting, and the 2011 Asian Meeting of the Econometric Society for their helpful comments and suggestions. We gratefully acknowledge financial support from the 2009 Sellinger Summer Research Grant at Loyola University Maryland, Daejoen City and the Graduate School of Innovation and Technology Management at the Korea Advanced Institute of Science and Technology (KAIST).
- Issue published online: 27 NOV 2012
- Article first published online: 13 SEP 2012
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