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The Cases in Organizational Behaviour provides a bridge between course textbooks and key real-world examples. The Credit ratings case study summarizes and examines the scenario and includes supporting commentary from Daniel King and Scott Lawley.
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Procyclical Credit Rating Policy*
Asia-Pacific Journal of Financial Studies, 2015AbstractThis paper examines whether credit rating agencies applied consistent rating standards to US corporate bonds in the periods surrounding the 2008 financial crisis. Based on estimates of issuing firms' credit quality from a structural model, I find that rating standards are in fact procyclical: ratings are stricter during an economic downturn ...
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Labor investment efficiency and credit ratings
Finance Research Letters, 2022Dinithi Ranasinghe
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Credit ratings: opinions on credit quality [PDF]
A description of the role and nature of credit ...
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Machine learning and credit ratings prediction in the age of fourth industrial revolution
Technological Forecasting and Social Change, 2020Birjees Rahat +2 more
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Do credit ratings influence the demand/supply of audit effort?
Journal of Applied Accounting Research, 2021Dafydd Mali
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