TY - JOUR TT - EXPLORING THE RELATIONSHIP BETWEEN CDS AND RATING ANNOUNCEMENTS: A LITERATURE REVIEW AND FUTURE RESEARCH DIRECTIONS AU - Carè, Rosella AU - Trotta, Annarita AU - Cavallaro, Giusy PY - 2013 DA - June JF - International Journal of Economics and Finance Studies JO - IJEFS PB - Sosyal Bilimler Araştırmaları Derneği WT - DergiPark SN - 1309-8055 SP - 298 EP - 309 VL - 5 IS - 1 KW - CRAs KW - Credit Default Swap KW - Rating Announcements N2 - This paper proposes a systematic literature review for exploring the relationship between CDS and rating announcements. To achieve this purpose, we have isolated and explored the primary relevant fields in the literature and discussed the findings. The value added of this preliminary work can be identified in the effort to identify new and promising research areas for future work. 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