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http://dx.doi.org/10.14400/JDC.2015.13.2.105

A Study on Effects of Corporate Governance Information on Credit Financial Ratings  

Kim, Dong-Young (Dept. of Business Administration, Gang-dong University)
Kim, Dong-Il (Dept. of Business Administration, Pusan National University)
Seo, Byoung-Woo (Dept. of Global Trade Business Administration, Shin han University)
Publication Information
Journal of Digital Convergence / v.13, no.2, 2015 , pp. 105-113 More about this Journal
Abstract
If the watchdog role of good corporate governance, corporate executives and reduce agency costs and information asymmetries. Corporate governance score higher because enterprise internal control systems and financial reporting system is well equipped with the company management is enabled and corporate performance is higher because the high financial credit rating. Under these assumptions and hypotheses set up this study corporate governance (CGI) has been studied demonstrated how the financial impact on the credit rating (CFR). Findings,

relevant corporate governance (CGI) and financial credit rating was found to significantly affect the positive (+), Regression coefficient code is expected code of positive (+), the value

indicated by the value of all positive. The results of corporate governance (CGI) has showed excellent results, such as the more predictable will increase the credit score financial rating. The results of this study will have more CGI-credit financial rating the greater good. This study might be expected to provide a useful guide that corporate social responsibility, the company with a good governance and oversight systems enable to to get a higher credit rating in practice and research.

Keywords
Corporate governance; financial credit rating; corporate risks; assets; agency costs;
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