The Effect of Islamic Private Debt Securities Rating Changes On Firm's Common Stock Returns

• المؤلفون الرئيسيون: Norsin Mod Asri, Zulkefly Abdul Karim, Shahida Shahimi, Azrina Abdullah Al-Hadi
• التنسيق: مقال
• اللغة: English
• منشور في: Kolej Universiti Islam Malaysia 2012
• الموضوعات: Bond rating; Stocks prices and returns; Islamic private debt securities (IPDS)
• الوصول للمادة أونلاين: http://ddms.usim.edu.my/handle/123456789/5296

This paper examines the effect of Islamic private debt securities (IPDS) rating changes on the firm's common stock returns. It will provide the evidence of relationship between bonds rating and stocks return based on the traded IPDS rated by MARC and RAM, and common stock monthly price of liste...