This research explores the impact of financial indicators on the credit ratings of companies listed on the S&P 500 … Shareholder Return (TSR) lack significant correlations with credit ratings, implying that stock market performance and total … shareholder return do not directly impact credit ratings. In contrast, the Altman Z-score (AZS) emerged as a significant predictor …

This paper studies the role of credit constraints in accounting for the dynamics of firm exit during the Great … Recession. We present novel firm-level evidence on the role of credit constraints on exit behavior during the Great Recession …. Firms in financial distress, with tighter access to credit, are more likely to default than firms with more access to credit …

decline in children's learning outcomes. The restoration of credit access does not fully reverse these effects, highlighting …

traditional event study analysis, we document the existence of an "event risk transfer", namely a significant credit risk … sovereign and corporate credit risk. …