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Abad Romero, Pilar ; Díaz, Antonio ; Robles-Fernandez, M. Dolores | Instituto Complutense de Análisis Económico. Universidad Complutense de Madrid | 2011The influence of rating announcements on corporate debt market trading has been previously overlooked. Based on an event study, we examine the effects of the three types of announcements provided by credit rating agencies on abnormal trading vol[...]
