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Can the dual-rating regulation improve the rating quality of Chinese corporate bonds?
We developed a dual-reputational rating shopping model to introduce public and institutional reputations. Investor’s and regulator’s penalty rates are described as public and institutional reputations, respectively. We achieved the available conditions of single-rating and dual-rating regulations to...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Public Library of Science
2021
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8638972/ https://www.ncbi.nlm.nih.gov/pubmed/34855760 http://dx.doi.org/10.1371/journal.pone.0259759 |