DID FOREIGN OWNERSHIP OF KOREAN CREDIT RATING AGENCIES IMPROVE THEIR RATINGS?

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dc.contributor.authorJoe, Yong Minko
dc.contributor.authorOh, Frederick Dongchuhlko
dc.date.accessioned2016-12-01T04:37:39Z-
dc.date.available2016-12-01T04:37:39Z-
dc.date.created2016-11-23-
dc.date.created2016-11-23-
dc.date.issued2017-01-
dc.identifier.citationCONTEMPORARY ECONOMIC POLICY, v.35, no.1, pp.193 - 200-
dc.identifier.issn1074-3529-
dc.identifier.urihttp://hdl.handle.net/10203/214375-
dc.description.abstractIn this study, we investigate whether foreign equity participation fostered the growth of Korea's credit rating industry during the 2002-2013 period. We find that the rating quality deteriorated steadily even though the foreign ownership of Korea's credit rating agencies increased: Rating levels went up. Our analysis indicates that the Korean government's policy of gradually relaxing the restrictions on foreign ownership of local credit rating agencies was ineffectual.-
dc.languageEnglish-
dc.publisherWILEY-BLACKWELL-
dc.subjectINVESTMENT-
dc.titleDID FOREIGN OWNERSHIP OF KOREAN CREDIT RATING AGENCIES IMPROVE THEIR RATINGS?-
dc.typeArticle-
dc.identifier.wosid000396372500012-
dc.identifier.scopusid2-s2.0-84963649779-
dc.type.rimsART-
dc.citation.volume35-
dc.citation.issue1-
dc.citation.beginningpage193-
dc.citation.endingpage200-
dc.citation.publicationnameCONTEMPORARY ECONOMIC POLICY-
dc.identifier.doi10.1111/coep.12176-
dc.contributor.localauthorOh, Frederick Dongchuhl-
dc.description.isOpenAccessN-
dc.type.journalArticleArticle-
dc.subject.keywordPlusINVESTMENT-
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