Plausibly Exogenous [1471] - Credit Rating (02/12/2024)
LHS Variable
Information asymmetry
RHS Variable
Credit rating
Source of Exogenous Variation
2010 entry of an independent credit rating agency, China Bond Rating (CBR) between 2006 and 2015
- Xiaolu et al. (2019), “Information asymmetry and credit rating: A quasi-natural experiment from China”