Short-term competition and long-term convergence between domestic and global rating agencies: Evidence from China. [PDF]
This article adds to the existing literature on global rating agencies (GRAs, i.e., the S&P, Moody's, and Fitch) and domestic rating agencies (DRAs).
Wei Tian +3 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 +5 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
Emergence of Rating Agencies: Implications for Establishing a Regional Rating Agency in Asia [PDF]
The present analysis sheds light on the setting up a regional rating agency in Asia in the wake of recent financial crisis. We investigate the policy facing a financial regulator while evaluating whether or not to admit new entrant into the credit rating market. In an incomplete contracting framework, we show that an impartial financial regulatory body
Ying Yi Tsai, Li-Gang Liu
openaire +6 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
THE MARKET OF INTERNATIONAL RATING AGENCIES AND APPROACHES TO ASSESSING THE INVESTMENT ATTRACTIVENESS OF THE COUNTRY [PDF]
The research findings in the domain of economics prove that foreign direct investment is a powerful engine of the development of the economy of any country in the world.
Yevhenii Yaskov, Viktoriia Smiesova
doaj +1 more source
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 +1 more source
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
Interconnectivity among assessments from rating agencies: using cluster and correlation analysis
The aim of this paper is to determine whether there is a dependency among leading rating agencies assessments. Rating agencies are important part of global economy. Great attention has been paid to activities of rating agencies since 2007, when there was
Jaroslav Krejčíř +2 more
doaj +1 more source
Rating the Raters: Evaluating how ESG Rating Agencies Integrate Sustainability Principles [PDF]
Environmental, social, and governance (ESG) rating agencies, acting as relevant financial market actors, should take a stand on working towards achieving a more sustainable development. In this context, the objective of this paper is, on the one hand, to
Escrig-Olmedo, Elena +4 more
core +1 more source

