Mokoaleli-Mokoteli, Thabang - In: South African journal of business management 50 (2019) 1, pp. 1-10
investigates the financial risk factors that differentiate between credit rating downgrades and upgrades. Methods: The event study … companies' credit rating upgrades were announced by the credit rating agencies, indicating that the upgrades are largely … and firm earnings, are significant in differentiating between credit rating upgrades and downgrades, implying that debt …