Theoretical study on the development of credit rating market for corporations

This study serves as a comprehensive review, delving deeply into pivotal theoretical frameworks associated with the development of the corporate credit rating market. By emphasizing cornerstone principles such as information symmetry, risk management, and corporate governance, it elucidates the central role of credit ratings in providing instrumental insights for investment decisions and optimizing capital structures. The research explicates the intricate interplay between credit ratings, risk mitigation, and the sustainable evolution of the financial market, fostering a conducive environment for both corporate entities and the broader financial sector.