Credit rating agencies and moral hazard [PDF]
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]
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
Markets: The Credit Rating Agencies [PDF]
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
exaly +3 more sources
An analysis of the credit rating agencies
Credit rating agencies play a critical role in financial markets; by rating the creditworthiness of a wide range of borrowers – from corporations to sovereigns – these agencies add liquidity to markets that would otherwise be illiquid, promote efficiency within such markets, and perhaps most importantly of all, reduce the risk of asymmetric information
Stephen D', N.A. Amato
exaly +2 more sources
Determination of Sovereign Credit Rating Model for European Countries [PDF]
Credit rating agencies play a key role in financial markets, as they help to reduce asymmetric information among market participants via credit ratings. The credit ratings determined by the credit rating agencies reflect the opinion of whether a country ...
Isik Akin
doaj +1 more source
Credit Rating As a Factor of Stability in the Global Capital Market [PDF]
Credit rating has an outstanding importance on the capital market. Opinions and assessments of rating agencies help us to improve growth, stability and efficiency of international and domestic markets, which now include over 80 trillion dollars of rated ...
Ismail Musabegović +2 more
doaj +2 more sources
FACTORS DETERMINING RATING BASIS OF LOCAL GOVERNMENT UNITS [PDF]
The need to obtain information regarding credit rating of entities, both public and private was the reason for rating agencies development. A worldwide rating market is characterised by a dominance of the largest international agencies, including ...
Beata Hoza, Adam Żabka
doaj +15 more sources
The Potential Impacts of Credit Rating Agencies on the Islamic Republic of Iran’s economic performance [PDF]
Credit rating agencies have a significant impact on reducing asymmetric information between lenders and borrowers. The purpose of this paper is to provide a comprehensive analysis of the role of credit rating agencies in the capital market, how to play ...
Amir Hossein Khazaei, Saeed Farahanifard
doaj +1 more source
Credit Rating of Companies listed on the Tehran Stock Exchange and the Effect of Tax Avoidance Using PSO Algorithm [PDF]
Credit ratings reflect the relative ability of companies to meet their financial obligations, the relative default probability, and the recovery probability if the debt is not paid.
Hani Gharavi Ahangar +2 more
doaj +1 more source
Corporate Board Attributes, Shariah Board Attributes and Credit Rating: Evidence from Islamic Banks of Pakistan [PDF]
Shariah Governance is an essential characteristic that differentiates Islamic financial institutions from Conventional financial institutions. The study’s purpose is to explore the effect of corporate governance attributes and Shariah board attributes on
Muhammad Mansoor +2 more
doaj +1 more source

