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Keywords: Minus specification
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Journal Articles
Journal:
Managerial Finance
Managerial Finance (2021) 47 (12): 1765–1786.
Published: 05 July 2021
...Akhilesh Bajaj; Li Sun Purpose Borderline firms whose bond rating has a plus or minus specification by a rating agency face a greater potential for an upgrade or downgrade by the agency. The authors examine the level of chief executive officer (CEO) power in firms with a plus or minus bond rating...
