Determining the Differences in the Impacts of Factors Affecting Sovereign Credit Rating: A Case Study of Developing ASEAN and Developed Countries

Determining the Differences in the Impacts of Factors Affecting Sovereign Credit Rating: A Case Study of Developing ASEAN and Developed Countries

Authors

  • Quynh T.P. Lam Department of Economics and Business, Hoa Sen University, HCM City, VietNam.
  • Quoc T. Nam Department of Economics and Business, Hoa Sen University, HCM City, VietNam.
  • Khoa D. Nguyen Department of Banking and Finance, University of Finance and Marketing, HCM city, VietNam.

DOI:

https://doi.org/10.20448/journal.518.2021.6.14.19

Keywords:

Sovereign credit rating, Ordered logit regression model, Factors affecting the sovereign credit rating, ASEAN country, Credit rating, Efficiency in government management.

Abstract

The paper uses the ordered logit regression model on table data to determine the differences in the impact of factors affecting the sovereign credit ratings of ASEAN developing countries compared to other developed countries. The results show that the impact of the macroeconomic indicators on the sovereign credit ratings in ASEAN developing countries decreases in comparison to the impact of factors in developed countries. Besides on that, there is no difference in the impact of the factors demonstrates the efficiency of governance on sovereign credit ratings in developing ASEAN countries compared to developed countries.

Downloads

Download data is not yet available.

Downloads

Published

2021-08-11

How to Cite

Lam, Q. T. ., Nam, Q. T. ., & Nguyen, K. D. . (2021). Determining the Differences in the Impacts of Factors Affecting Sovereign Credit Rating: A Case Study of Developing ASEAN and Developed Countries. Asian Business Research Journal, 6, 14–19. https://doi.org/10.20448/journal.518.2021.6.14.19

Issue

Section

Articles
Loading...