Oliveira, Nazário Augusto de; Basso, Leonardo Fernando Cruz - In: International Journal of Financial Studies : open … 12 (2024) 2, pp. 1-17
This research explores the impact of financial indicators on the credit ratings of companies listed on the S&P 500, employing a Sys-GMM model to address endogeneity concerns. Three independent variables categorized as market and survival factors alongside seven control variables sourced from...