Does credit rating agency reputation matter in China’s local government bond market?

All issuers in China’s local government bond market, which is nascent but growing rapidly, have the same AAA ratings. However, we provide evidence that the credit rating agency’s reputation can certify differences in ratings’ reliability and further impact bond pricing. On the basis of a sample of 7...

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Detalles Bibliográficos
Autores principales: Xie, Changqian, Ahmad, Rubi, Koh, Eric H. Y.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2022
Materias:
Research Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9488777/
https://www.ncbi.nlm.nih.gov/pubmed/36125982
http://dx.doi.org/10.1371/journal.pone.0274828

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9488777/
https://www.ncbi.nlm.nih.gov/pubmed/36125982
http://dx.doi.org/10.1371/journal.pone.0274828

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