论信用评级的本质属性

On the Essential Attribute of Credit Rating

信用评级本质属性的界定,有利于构建和谐的信用评级生态系统,有利于投资者合理使用信用评级结果进行风险定价和风险管理,还有利于评级机构的自我完善。梳理信用评级的本质属性对于促进信用评级行业健康、稳定发展尤为重要。信用评级的基本属性包括前瞻性(预测未来)、批判性(风险揭示)、艺术性(主观判定)、差异性(非同质化)和时间性(历史检验)五个方面的特性。

Defining the tern, for the investor to essential attribute of credit rationally use credit rating rating is beneficial for building a harmonious credit rating ecosysresults in risk pricing and risk management, and for the self-improvement of rating agencies as well as. Carding the essential attribute of credit rating is particularly important for the healthy and stable development of the credit rating industry. The essential attribute of credit rating includes forward -looking （to predict the future events）, criticalness （risk disclosure）, artistic quality （subjective judgment）, othemess （ non - homogeneous） and timeliness （ tested by history）.