期刊文献+

信用评级对企业融资方式的价格决定机理分析 被引量:1

下载PDF
导出
摘要 通过从市场参与者角度考量信用评级对企业主体及其金融工具的风险与揭示程度,重点分析了信用评级在企业向银行贷款与企业发行企业债、短期融资券和股票这四种主要融资方式中发挥的作用,以信用等级的高低为利率市场化和资金定价提供参考标准,说明信用评级对企业融资方式的价格决定机理。
作者 张颖
机构地区 河海大学商学院
出处 《价格月刊》 2009年第5期30-31,共2页
  • 相关文献

参考文献5

二级参考文献8

  • 1Roy C. Smith and Ingo Walter. 2001, Rating Agencies: Is There an Agency Issue?[W].Stern School of Business, New York University. February 18:1-52.
  • 2W. Braddock Hickman, 1958, Corporate Bond Quality and Investor Experience. 1st ed. Princeton University Press. 10-11.
  • 3West, R.R. 1973.“Bond Ratings, Bond yields and financial regulation: some findings.”Journal of Law and Economics 16(April): 159-168.
  • 4Earl D. Benson, David S, Kidwell,Timothy W. Koch and Robert J. Rogowski. 1981. Systematic Variation in Yield Spreads for Tax-Exempt General Obligation Bonds. Journal of Financial and Quantitative Analysis. Vol.16. No.5:685-702
  • 5Nandkumar Nayar and Michael S. Rozeff. 1994. "Ratings, Commercial Paper, and Equity Returns." [J] the Journal of Finance. Vol. 49, No. 4. pp1431-1449.
  • 6Stiglitz, Joseph E. 1975, "The Theory of 'Screening' , Education, and the Distribution of Income. " American Economic Review 65(June): 283-300.
  • 7Akerlof, George A. 1970,“The Market for 'Lemons' : Qualitative Uncertainty and the Market Mechanism.”Quarterly Journal of Economics 84 (August): 488-500.
  • 8Hurley, Eelyn M., 1982. the commercial paper market since the midseventies, Federal Researve Bulletin, June. 327-340.

共引文献20

同被引文献10

二级引证文献5

相关作者

内容加载中请稍等...

相关机构

内容加载中请稍等...

相关主题

内容加载中请稍等...

浏览历史

内容加载中请稍等...
;
使用帮助 返回顶部