Hu, Yiming; Yang, Ying; Han, Pengfei - In: China Finance Review International 7 (2017) 1, pp. 114-130
Purpose The purpose of this paper is to examine the difference of credit enhancement of variously secured bonds issued … approaches have a higher credit enhancement effect than single approaches. Among these approaches, the requirement of collateral … limitations/implications The findings in this study suggest that the credit enhancement would be deeply affected by the approach …