...Kangqi Jiang; Xin Xie; Yu Xiao; Badar Nadeem Ashraf Purpose The main purpose of this study is to examine the effect of corporate digital transformation on bond credit spreads. Additionally, it also explores the two potential channels, information asymmetry and default risk, through which digital...

...Huaili Lyu; Conghui Yang Purpose The purpose of this paper is to examine the certification and monitoring motivations of third-party underwriting and its effects on credit spreads and earnings management of bank issuers. Design/methodology/approach Ordinary least squares is used to examine...

...Changqing Luo; Mengzhen Li; Zisheng Ouyang Purpose – The purpose of this paper is to study the correlation structure of the credit spreads. Design/methodology/approach – The minimal spanning tree is used to find the risk center node and the basic correlation structure of the credit spreads...