Latest Achievements

Faculty Humnath Panta, Arun Narayanasamy, Ayush Panta, Business
Dr. Humnath Panta, Associate Professor of Finance at School Business, recently published an article entitled "Organizational capital and credit ratings" in Finance Research Letters, an A-level ABDC journal. The study investigates organizational capital's impact on credit ratings using pooled OLS and US firm data from 1989 to 2017. Results indicate that companies with greater organizational capital achieve higher credit ratings. This conclusion withstands various robustness checks, estimation methods, and addressing potential biases. Notably, the positive correlation is especially pronounced for financially constrained firms. Overall, the research's findings reveal the importance of organizational capital in the credit ratings of a firm.
Academic Department
Business
Achievement (100 Words Max)
Dr. Humnath Panta, Associate Professor of Finance at School Business, recently published an article entitled "Organizational capital and credit ratings" in Finance Research Letters, an A-level ABDC journal. The study investigates organizational capital's impact on credit ratings using pooled OLS and US firm data from 1989 to 2017. Results indicate that companies with greater organizational capital achieve higher credit ratings. This conclusion withstands various robustness checks, estimation methods, and addressing potential biases. Notably, the positive correlation is especially pronounced for financially constrained firms. Overall, the research's findings reveal the importance of organizational capital in the credit ratings of a firm.
Name(s) of People Involved
Humnath Panta, Arun Narayanasamy, Ayush Panta
Type of Achievement
Faculty
Submitter's Full Name
Dr. Humnath Panta
Email
humnath.panta@humboldt.edu
College
CPS