Porth Ymchwil

Do personal connections improve sovereign credit ratings?

Allbwn ymchwil: Cyfraniad at gyfnodolyn › Erthygl › adolygiad gan gymheiriaid

Fersiynau electronig

Dogfennau

Dangosydd eitem ddigidol (DOI)

  • Patricia Klusak
    University of East Anglia
  • John Thornton
    Office of Technical Assistance, US Department of the Treasury
  • Yurtsev Uymaz
    University of East Anglia
In a large sample of sovereign debt issues, we show that a personal connection between senior executives in credit rating agencies and leading politicians in the sovereign results in an improved rating. A test on bond yields suggest that the personal connection reflects a favorable treatment of the issuer.

Allweddeiriau

Iaith wreiddiolSaesneg
Rhif yr erthygl101194
CyfnodolynFinance Research Letters
Cyfrol33
Dyddiad ar-lein cynnar20 Mai 2019
Dynodwyr Gwrthrych Digidol (DOIs)
StatwsCyhoeddwyd - Maw 2020
Cyhoeddwyd yn allanolIe

Cyfanswm lawlrlwytho

Nid oes data ar gael
Gweld graff cysylltiadau