In this paper, a new linguistic aggregation operator in linguistic environment is established and the desirable properties: monotonic, focus effect, idempotent, commutative and bounded are studied. Then, a new restricted ordering relation on the n-dimensional linguistic scales is proposed which...

Receiving punishment from regulators for corporate fraud can affect financing contracts between a firm and its bank, as both the firm’s credit risk and information risk increase after punishment. By focusing on Chinese firms’ borrowing behavior after events of corporate fraud, we find that...