PT  - JOURNAL ARTICLE
AU  - H. Kent Baker
AU  - Sattar A. Mansi
TI  - Issuer Assessments of Credit Rating Agencies by Investment Grade
AID  - 10.3905/joi.2002.319495
DP  - 2002 Feb 28
TA  - The Journal of Investing
PG  - 55--63
VI  - 11
IP  - 1
4099  - https://pm-research.com/content/11/1/55.short
4100  - https://pm-research.com/content/11/1/55.full
AB  - The authors examine the views of investment and non-investment grade industrial bond issuers about the four leading U.S. credit rating agencies. The issuers differ significantly in their attitudes about the rating agencies. While respondents are generally satisfied with the performance of credit rating agencies, their level of satisfaction is higher for S&P than for Moody's. The results have implications for bond market participants who rely on credit ratings for corporate financing, investment decisions, and risk management.