The impact of rating classifications on stock prices of Brazilian companies

Purpose - This paper aims to identify if there is an impact of the rating announcements issued by the agencies on the returns of the stocks of Brazilian companies listed on Brasil Bolsa Balcão, from August 2002 to August 2018, identifying which types of announcement (upgrade, downgrade or the same i...

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Bibliographic Details
Main Authors: Fernanda Pagin, Matheus da Costa Gomes, Rafael Moreira Antônio, Tabajara Pimenta Júnior, Luiz Eduardo Gaio
Format: Article
Language:English
Published: Emerald Publishing 2021-07-01
Series:Journal of Economics Finance and Administrative Science
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/JEFAS-08-2019-0193/full/pdf?title=the-impact-of-rating-classifications-on-stock-prices-of-brazilian-companies