Does credit rating agency reputation matter in China's local government bond market? [PDF]
All issuers in China's local government bond market, which is nascent but growing rapidly, have the same AAA ratings. However, we provide evidence that the credit rating agency's reputation can certify differences in ratings' reliability and further ...
Changqian Xie, Rubi Ahmad, Eric H Y Koh
doaj +3 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
core +9 more sources
A NEW PARADIGM FOR THE RATING MARKET - A GEOPOLITICAL PERSPECTIVE ON RATING [PDF]
The oligopolistic structure of the global rating market formed by the "Big Three" and doubled by their incapacity to solve problems related to correctly evaluating some of the world's largest economic entities have both set a serious challenge on the ...
Birau Cristian Radu +1 more
doaj +2 more sources
Rating Agencies: Is There an Agency Issue? [PDF]
This paper examines the potential for conflicts of interest in the debt ratings business. Inherent in the current business model is the fact that firms whose obligations are rated by the agencies pay fees for those ratings, which in turn comprises virtually all of the revenues of the rating agencies.
Roy C. Smith, Ingo Walter
openaire +4 more sources
Challenges of globalization and quality of education: legal aspect
The article explores the issues of higher education quality in the context of global changes, taking into account the legal framework, which emphasizes the relevance of research.
A. B. Zhumagulova
doaj +1 more source
Gender Stereotypes and Family Decision-Making: Comparative Study of Central Europe and Central Asia
Purpose: The article aims to examine the impact of women’s decision-making power in families on their gender stereotypes about business executives in the promising but insufficiently explored regions of Central Europe (CE) and Central Asia (CA).
Yanovskaya Olga, Lipovka Anastassiya
doaj +1 more source
Special aspects of the banking institutions rating: a case for Ukraine [PDF]
In today’s rapidly changing global financial market, potential counterparties are in dire need of reliable and timely information on the partner bank performance in order to find the most successful one in terms of conducting credit and deposit ...
Ruslan Lavrov +5 more
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
Quantitative ESG disclosure and divergence of ESG ratings
Over the past decade, sustainable finance has been a topic of burgeoning significance for investors, and ESG ratings have become commonly used to implement ESG investment strategies in practice.
Min Liu
doaj +1 more source

