Can credit rating agencies play a greater role in corporate governance disclosure? [PDF]
Purpose The European Commission (EC) is currently examining methods to increase the effectiveness of corporate governance disclosures. This paper aims to examine whether the credit rating agencies (CRAs), both on account of their influence within the ...
D. Cash
semanticscholar +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
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
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
Do Security Analysts Discipline Credit Rating Agencies?
Credit ratings of corporations are biased, but the forces driving this bias are unclear. We argue it would be difficult for rating agencies to issue high grades for a firm’s debt when there are a lot of objective equity analyst reports about the firm’s
Kingsley Fong +3 more
semanticscholar +1 more source
Credit Rating in the Islamic System: A Case Study of Saudi Arabian Banks [PDF]
Purpose: Understanding the credit agencies allows the country to diversify its investments and efficiently achieve the set goals. Therefore, the present study aimed to explore the credit rating agencies within the Saudi Islamic system.
Hajed A. Alotaibi
doaj +1 more source
An Analysis of Bank Financial Strength Ratings and Credit Rating Data
In this study, data from two credit rating agencies are analyzed to consider how different Bank Financial Strength Ratings and Credit Ratings from two rating agencies compare.
John A. Ruddy
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

