The only asset of intermediary agencies is reputation. If the intermediary structure does not speak credibility, they will not be able to provide true information. In order to make the intermediary structure credible, the intermediary cannot become a statutory monopoly organization, nor should it be affiliated to the government. The current world The more authoritative third-party certification agencies, such as Jiadi and Fitch, are private in nature and do not belong to the government. The reason is that third-party certification agencies are far stronger than the government in terms of the authenticity and effectiveness of information disclosure.
text tells us:
The authenticity and effectiveness of information represent a new value orientation in the information field.