Can market information outperform hard and soft information in predicting corporate defaults?
(2023)
Journal Article
Filomeni, S., Bose, U., Megaritis, A., & Triantafyllou, A. (2024). Can market information outperform hard and soft information in predicting corporate defaults?. International journal of finance & economics : IJFE, 29(3), 3567-3592. https://doi.org/10.1002/ijfe.2840
Recent evidence has shown that hybrid models for credit ratings are important when assessing the risk of firms. Within this stream of literature, we aim to provide novel evidence on how hard (quantitative), soft (qualitative), and market information... Read More about Can market information outperform hard and soft information in predicting corporate defaults?.