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Electric Utility Bond Rating Changes: Methodological Issues And Evidence

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  • Tony R. Wingler
  • James M. Watts

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  • Tony R. Wingler & James M. Watts, 1982. "Electric Utility Bond Rating Changes: Methodological Issues And Evidence," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 5(3), pages 221-235, September.
    • Handle: RePEc:bla:jfnres:v:5:y:1982:i:3:p:221-235
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1982.tb00297.x
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    References listed on IDEAS

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    1. Kaplan, Robert S & Urwitz, Gabriel, 1979. "Statistical Models of Bond Ratings: A Methodological Inquiry," The Journal of Business, University of Chicago Press, vol. 52(2), pages 231-261, April.
    2. Doyle, Peter, 1977. "The application of probit, logit, and tobit in marketing: A review," Journal of Business Research, Elsevier, vol. 5(3), pages 235-248, September.
    3. Merton, Robert C, 1974. "On the Pricing of Corporate Debt: The Risk Structure of Interest Rates," Journal of Finance, American Finance Association, vol. 29(2), pages 449-470, May.
    4. Katz, Steven, 1974. "The Price Adjustment Process of Bonds to Rating Reclassifications: A Test of Bond Market Efficiency," Journal of Finance, American Finance Association, vol. 29(2), pages 551-559, May.
    5. Pinches, George E, 1978. ""A Multivariate Analysis of Industrial Bond Ratings" and the Role of Subordination: Reply," Journal of Finance, American Finance Association, vol. 33(1), pages 336-344, March.
    6. Eisenbeis, Robert A, 1977. "Pitfalls in the Application of Discriminant Analysis in Business, Finance, and Economics," Journal of Finance, American Finance Association, vol. 32(3), pages 875-900, June.
    7. Amemiya, Takeshi, 1973. "Regression Analysis when the Dependent Variable is Truncated Normal," Econometrica, Econometric Society, vol. 41(6), pages 997-1016, November.
    8. Grier, Paul & Katz, Steven, 1976. "The Differential Effects of Bond Rating Changes among Industrial and Public Utility Bonds by Maturity," The Journal of Business, University of Chicago Press, vol. 49(2), pages 226-239, April.
    9. Bettman, James R, 1974. "A Threshold Model of Attribute Satisfaction Decisions," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 1(2), pages 30-35, Se.
    10. Pinches, George E & Singleton, J Clay, 1978. "The Adjustment of Stock Prices to Bond Rating Changes," Journal of Finance, American Finance Association, vol. 33(1), pages 29-44, March.
    11. Pinches, George E., 1980. "Factors influencing classification results from multiple discriminant analysis," Journal of Business Research, Elsevier, vol. 8(4), pages 429-456, December.
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