CORPORATE CREDIT RISK AND REWARD

被引：0
|
作者：
BENNETT, TL
ESSER, SF
ROTH, CG
机构：
来源：
JOURNAL OF PORTFOLIO MANAGEMENT | 1994年 / 20卷 / 03期
关键词：
D O I：
10.3905/jpm.20.3.39
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This article presents an analysis outlining the attractiveness of corporate bonds as an asset class. The authors review returns and default data and find that investors have been well rewarded for accepting corporate credit risk in the fixed-income market. Recommendations are presented regarding the role of investment-grade corporate bonds as well as high-yield bonds in investor portfolios.
引用
收藏
页码：39 / 47
页数：9
相关论文
共 50 条
  • [31] A Study on Effects of Heterogeneous Information on Corporate Credit Risk
    Tian Lan
    Liu Cheng
    Huangfu Yu-ting
    Zhao Ling-yun
    2015 INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE & ENGINEERING - 22ND ANNUAL CONFERENCE PROCEEDINGS, VOLS I AND II, 2015, : 1411 - 1416
  • [32] Sovereign and corporate credit risk: Evidence from the Eurozone
    Bedendo, Mascia
    Colla, Paolo
    JOURNAL OF CORPORATE FINANCE, 2015, 33 : 34 - 52
  • [33] Sovereign risk and the pricing of corporate credit default swaps
    Haerri, Matthias
    Morkoetter, Stefan
    Westerfeld, Simone
    JOURNAL OF CREDIT RISK, 2015, 11 (01): : 1 - 27
  • [34] A hybrid information approach to predict corporate credit risk
    Bu, Di
    Kelly, Simone
    Liao, Yin
    Zhou, Qing
    JOURNAL OF FUTURES MARKETS, 2018, 38 (09) : 1062 - 1078
  • [35] Monitoring corporate credit risk with multiple data sources
    Ni, Du
    Lim, Ming K.
    Li, Xingzhi
    Qu, Yingchi
    Yang, Mei
    INDUSTRIAL MANAGEMENT & DATA SYSTEMS, 2023, 123 (02) : 434 - 450
  • [36] Pricing nondiversifiable credit risk in the corporate Eurobond market
    Abaffy, J.
    Bertocchi, M.
    Dupacova, J.
    Moriggia, V.
    Consigli, G.
    JOURNAL OF BANKING & FINANCE, 2007, 31 (08) : 2233 - 2263
  • [37] ESG criteria and the credit risk of corporate bond portfolios
    Hoeck, Andre
    Bauckloh, Tobias
    Dumrose, Maurice
    Klein, Christian
    JOURNAL OF ASSET MANAGEMENT, 2023, 24 (07) : 572 - 580
  • [38] Real Earnings Management Uncertainty and Corporate Credit Risk
    Chen, Tsung-Kang
    Tseng, Yijie
    Hsieh, Yu-Ting
    EUROPEAN ACCOUNTING REVIEW, 2015, 24 (03) : 413 - 440
  • [39] Green credit policy and corporate climate risk exposure
    He, Feng
    Duan, Lin
    Cao, Yi
    Wen, Shuyang
    ENERGY ECONOMICS, 2024, 133
  • [40] How do corporate governance and corporate social responsibility affect credit risk?
    Hunjra, Ahmed Imran
    Jebabli, Ikram
    Thrikawala, Sujani Sudhara
    Alawi, Suha Mahmoud
    Mehmood, Rashid
    RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2024, 67
12345