Results 1 to 10 of about 45,730 (178)
Sustainability Rating Agencies vs Credit Rating Agencies
Palgrave Studies in Impact Finance, 2021 Daniel Cash
exaly +3 more sources
Quantitative easing and credit rating agencies
International Review of Financial Analysis, 2021 This paper investigates the behaviour of credit rating agencies using a natural experiment in monetary policy. We exploit the corporate QE of the Eurosystem and its rating-based specific design which generates exogenous variation in the probability for a bond of becoming eligible for outright purchases.
Abidi N. +2 more
openaire +3 more sources
Credit rating agencies and moral hazard [PDF]
Panoeconomicus, 2011 The failure of credit rating agencies to properly assess risks of complex financial securities was instrumental in setting off the global financial crisis.
Božović Miloš +2 more
doaj +2 more sources
Credit rating agencies: informatieasymmetrie en civiele aansprakelijkheid [PDF]
MAB, 2010 Credit rating agencies (CRA’s) zoals Standard & Poor’s en Moody’s bestaan al vanaf het begin van de twintigste eeuw. Hun hoofddoel is het meer efficiënt maken van de financiële markten door het produceren van ratings of rapportcijfers waarin het ...
Koen Donkers +2 more
doaj +6 more sources
, 2017 Agences de notations Les agences de notations ont récemment été l'objet d'une grande attention. Leur responsabilité dans la crise des subprimes a été questionné. Les médias ont mis en avant les notes trop généreuses qui avaient été attribué à certains produits complexes, avant de s'interroger sur leur comportement quand elles ont ...
Rita L. D’Ecclesia, Vittorio Moriggia
semanticscholar +5 more sources
Journal of Accounting Research, 2019 This paper studies firms' financial reporting incentives in the presence of strategic credit rating agencies and how these incentives are affected by the level of competition in the rating industry and by rating agencies' role as gatekeepers to debt ...
Stefan F Schantl
exaly +2 more sources
The Economics of Credit Rating Agencies
Foundations and Trends® in Finance, 2017 We explore through both an economics and regulatory lens the frictions associated with credit rating agencies in the aftermath of the financial crisis. While ratings and other public signals are an efficient response to scale economies in information production, these also can discourage independent due diligence and be a source of systemic risk ...
Francesco Sangiorgi, Chester S. Spatt
openaire +2 more sources
Credit Rating Agencies and the IPE: Not as influential as thought? [PDF]
Review of International Political Economy, 2014 Do Credit Rating Agencies (CRAs) affect national policy? This study critically examines assertions of a possible convergence to neo-liberal standards induced by sovereign bond ratings. By arguing that the role of the agencies in the global political economy has been exaggerated, the study finds that CRAs do not have a direct causal effect on domestic ...
D. Soudis
openaire +2 more sources
Markets: The Credit Rating Agencies [PDF]
Journal of Economic Perspectives, 2010 This paper will explore how the financial regulatory structure propelled three credit rating agencies—Moody's, Standard & Poor's (S&P), and Fitch—to the center of the U.S. bond markets—and thereby virtually guaranteed that when these rating agencies did make mistakes, these mistakes would have serious consequences for the financial sector.
Lawrence J White, White Lawrence J
exaly +3 more sources
The Impact of Risk Management in Credit Rating Agencies
Risks, 2017 An empirical study was conducted to determine the impact of different types of risk on the performance management of credit rating agencies (CRAs). The different types of risks were classified as operational, market, business, financial, and credit.
A. Seetharaman +4 more
doaj +2 more sources