Lasantha, Ruwan, Tawiah, Vincent 
ORCID: 0000-0003-1679-387X, Atif, Muhammad, Puwanenthiren, Prem and Nadarajah, Sivathaasan
(2024)
Unveiling the impact of foreign competition on the bond market: Insights from S&P debt ratings.
Economics Letters, 241
.
ISSN 0165-1765
Abstract
This study investigates the influence of foreign competition on U.S. firms’ debt ratings. The findings reveal a significant downgrade in ratings with increased foreign competition, in particular affecting firms with prospector strategies, low organizational capital, high information asymmetry, weak governance, and reshaping creditworthiness assessment.
Metadata
| Item Type: | Article (Published) |
|---|---|
| Refereed: | Yes |
| Uncontrolled Keywords: | Foreign competition, debt ratings, governance, creditworthiness |
| Subjects: | Business > Commerce Business > Economic policy Business > Business ethics |
| DCU Faculties and Centres: | DCU Faculties and Schools > DCU Business School |
| Publisher: | Elsevier |
| Official URL: | https://www.sciencedirect.com/science/article/pii/... |
| Copyright Information: | Authors |
| ID Code: | 33059 |
| Deposited On: | 28 Jul 2026 11:33 by Tam Nguyen . Last Modified 28 Jul 2026 11:33 |
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