Introduction -- Defining Power and Influence -- Framework for Assessing Chinese Influence -- Measuring Chinese Influence: Inputs -- Measuring Chinese Influence: Intervening Factors -- Measuring Chinese Influence: Outputs -- Case Studies of Chinese Influence-Seeking -- Historical Influence Case:...

Abstract: This paper investigates the impact of ESG rating confusion on bond spreads. Although confusion in ESG rating assessments is widely recognized, its effects on the bond market are not well understood. Using a pricing model for corporate bonds, the study finds that ESG rating confusion...