Title: Credit Rating Information Value: A Metamorphosis of Public Information Assesment
Abstract: The uniqueness of financial market is its ability to differentiate credit risks. Different from banking which credit channeling has only two decisions: yes or no, capital market gives both sides: issuers and investors can bargain the decision based on credit risk differential. Credit risk differential gives flexibility to the market. Different credit risks profile will make up different yields.
Publication Year: 2011
Publication Date: 2011-01-01
Language: en
Type: article
Indexed In: ['crossref']
Access and Citation
Cited By Count: 1
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