Cargando…

Credit rating in dynamic response to the nature of firms and the business model of rating agencies: evidence from the Chinese bond market

This paper takes the A-share listed companies that issued credit bonds from 2010 to 2021 as the sample to test the probability and degree of credit rating change throughout the enterprise life cycle using the ordered logit and breakpoint regression models. Further, we study the heterogeneity of the...

Descripción completa

Detalles Bibliográficos
Autores principales: Huo, Yan, Gong, Bangming
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9718966/
https://www.ncbi.nlm.nih.gov/pubmed/36471849
http://dx.doi.org/10.1016/j.heliyon.2022.e11884