Abstract
The four essays collected in this PhD thesis focuses on the research of credit rating agencies (CRAs) in China. The first chapter introduces the overview of the Chinese bond market and rating industry. The second chapter mainly analyses the impact of the failure to accurately predict bond defaults on CRAs. The third chapter studies the relationship between issuer importance and credit ratings. And the fourth chapter investigates whether the reputational capital of credit rating agencies affects their rated bonds.
Original language | English |
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Qualification | Doctor of Philosophy |
Awarding Institution |
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Supervisors/Advisors |
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Award date | 11 Oct 2023 |
Place of Publication | Tilburg |
Publisher | |
Print ISBNs | 978 90 5668 717 5 |
DOIs | |
Publication status | Published - 2023 |