Unveiling the impact of foreign competition on the bond market: Insights from S&P debt ratings
| dc.contributor.author | Lasantha, Ruwan | |
| dc.contributor.author | Tawiah, Vincent | |
| dc.contributor.author | Atif, Muhammad | |
| dc.contributor.author | Puwanenthiren, Prem | |
| dc.contributor.author | Nadarajah, Sivathaasan | |
| dc.date.accessioned | 2024-08-09T06:33:50Z | |
| dc.date.available | 2024-08-09T06:33:50Z | |
| dc.date.issued | 2024 | |
| dc.description.abstract | This study investigates the influence of foreign competition on U.S. firms’ debt ratings. The findings reveal a significant downgrade in ratings with increased foreign competition, in particular affecting firms with prospector strategies, low organizational capital, high information asymmetry, weak governance, and reshaping creditworthiness assessment. | en_US |
| dc.identifier.citation | Ruwan Lasantha, Vincent Tawiah, Muhammad Atif, Prem Puwanenthiren, Sivathaasan Nadarajah, Unveiling the impact of foreign competition on the bond market: Insights from S&P debt ratings, Economics Letters,Volume 241,2024,111797,ISSN 0165-1765, https://doi.org/10.1016/j.econlet.2024.111797. | en_US |
| dc.identifier.uri | http://repository.kln.ac.lk/handle/123456789/27957 | |
| dc.publisher | Elesvier | en_US |
| dc.subject | Foreign competition, Debt ratings, Governance, Creditworthiness | en_US |
| dc.title | Unveiling the impact of foreign competition on the bond market: Insights from S&P debt ratings | en_US |