Credit rating agencies are faced with reputation crisis because of the financial crisis, which also shows that reputation mechanism didn't play the role of inspiration and restriction.
金融危机使得评级机构面临着声誉危机,这也显示出声誉机制没有发挥应有的激励约束作用。
In light of the above reasons and background, the paper focuses on exploring the establishment of financial crisis early-warning mechanism of commercial Banks in China.
鉴于以上背景与原因,本文着力于探索我国商业银行财务危机预警机制的建立问题。
However, we must trace back to the expansion mechanism of the economic bubble if we want to understand the essence of the financial crisis thoroughly.
然而,要看清泡沫经济的实质,必须追溯到经济泡沫的扩张机制。
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