{"title":"企业对主权信用危机的敏感性:财务灵活性的缓解作用","authors":"Huong Vu, Patrycja Klusak, Shee-Yee Khoo, Rasha Alsakka","doi":"10.1080/1351847x.2024.2332718","DOIUrl":null,"url":null,"abstract":"This paper investigates the role of financial flexibility in sovereign-corporate rating nexus. Using a panel data of non-financial European firms rated by S&P during 2005–2022, we show that financi...","PeriodicalId":22468,"journal":{"name":"The European Journal of Finance","volume":"15 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Corporate sensitivity to sovereign credit distress: the mitigating effects of financial flexibility\",\"authors\":\"Huong Vu, Patrycja Klusak, Shee-Yee Khoo, Rasha Alsakka\",\"doi\":\"10.1080/1351847x.2024.2332718\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper investigates the role of financial flexibility in sovereign-corporate rating nexus. Using a panel data of non-financial European firms rated by S&P during 2005–2022, we show that financi...\",\"PeriodicalId\":22468,\"journal\":{\"name\":\"The European Journal of Finance\",\"volume\":\"15 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2024-03-31\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"The European Journal of Finance\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1080/1351847x.2024.2332718\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"The European Journal of Finance","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/1351847x.2024.2332718","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Corporate sensitivity to sovereign credit distress: the mitigating effects of financial flexibility
This paper investigates the role of financial flexibility in sovereign-corporate rating nexus. Using a panel data of non-financial European firms rated by S&P during 2005–2022, we show that financi...