Sajjad, Faiza; Zakaria, Muhammad - In: Journal of risk and financial management : JRFM 11 (2018) 2, pp. 1-16
The purpose of this study is to examine the relationship between credit rating scales and debt maturity choices. A … between credit ratings and debt maturity choices. Results suggest the importance of credit ratings for the optimization of … consistent with the liquidity hypothesis. The findings also motivating financial managers and investors to consider credit …