National Culture and Corporate Rating Migrations
The informal constraints that arise from the national culture in which a firm resides have a pervasive impact on managerial decision making and corporate credit risk, which in turn impacts on corporate ratings and rating changes. In some cultures, firms are naturally predisposed to rating changes in...
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| Format: | Article |
| Language: | English |
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MDPI AG
2018-11-01
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| Series: | Risks |
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| Online Access: | https://www.mdpi.com/2227-9091/6/4/130 |