Does Market Performance (Tobin’s Q) Have A Negative Effect On Credit Ratings? Evidence From South Korea
(2023)
Journal Article
Lim, H. J., & Mali, D. (2023). Does Market Performance (Tobin’s Q) Have A Negative Effect On Credit Ratings? Evidence From South Korea. Asia-Pacific Financial Markets, 31(1), 53-80. https://doi.org/10.1007/s10690-023-09406-x
Tobin’s Q is an established measure of firm performance, based on investor confidence. However, the association between Tobin’s Q and credit ratings is not well-established in the literature. Using a sample of Korean listed firms over the 2001–2016 s... Read More about Does Market Performance (Tobin’s Q) Have A Negative Effect On Credit Ratings? Evidence From South Korea.