Huang, Rui (2025) Do Rating Downgrade And Default Reduce Inflated Rating Of Credit Rating Agencies In China? The Moderating Effect Of Bond Issuers’ Profiles. PhD thesis, Universiti Sains Malaysia.
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Abstract
This study explores the impact of rating downgrades and defaults on inflated ratings provided by credit rating agencies (CRAs) in China, with a particular focus on the moderating effects of issuers' profiles. As China's bond market has rapidly developed, inflated ratings and the associated risks have emerged as critical issues, undermining market stability and investor confidence.
| Item Type: | Thesis (PhD) |
|---|---|
| Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28-70 Management. Industrial Management |
| Divisions: | Pusat Pengajian Pengurusan (School of Management) > Thesis |
| Depositing User: | Mr Aizat Asmawi Abdul Rahim |
| Date Deposited: | 01 Jul 2026 00:13 |
| Last Modified: | 01 Jul 2026 00:13 |
| URI: | http://eprints.usm.my/id/eprint/64525 |
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