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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...
| Autores principales: | , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Public Library of Science
2022
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| Materias: | |
| 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 |