DEA Governance Efficiency Frontier and Credit Rating

Authors

  • Sameh Ouni Assistant, Department of accounting and finance, Institute of higher Management of Tunis, university of Tunis

Keywords:

Credit Rating, Corporate Governance Efficiency, Data Envelopment analysis (DEA)

Abstract

The purpose of our study is to test whether corporate governance efficiency may influence the credit rating of the firm. Using Data envelopment analysis (DEA), we construct a score of corporate governance efficiency. We are based on a sample of 571 American firms rated by Standard and Poor’s over the period 1995-2007. Our results show that high corporate governance efficiency improves credit rating. Hence, we find that corporate governance efficiency is a criterion in the credit rating process.

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Published

2014-07-16

How to Cite

Sameh Ouni. (2014). DEA Governance Efficiency Frontier and Credit Rating. International Journal of Empirical Finance, 2(3), 106–114. Retrieved from https://rassorg.com/IJEF/article/view/29

Issue

International Journal of Empirical Finance (IJEF) - Volume 2, Issue 3

Section

Articles