AN EXPANDED COMMERCIAL PAPER RATING SCALE: CLASSIFICATION OF INDUSTRIAL ISSUERS
将债券发行人的分类方法扩展到工业商业票据发行人，测试了标准普尔扩展的A-1商业票据类别中的划分特征，发现关键变量与债券研究中的变量具有显著可比性。
The finance literature contains many examples of attempts to classify bond issuers into rating categories and to identify the key variables which contribute to bond rating differences. This study extends the classification literature to include industrial commercial paper issuers. Standard and Poor's has expanded its A‐ 1 commercial paper category, and hypothesized division characteristics are proposed, followed by the classification test. The relative comparability of key variables in this study to those in bond studies is striking.