Credit Rating Agencies On The Watch List

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Credit Rating Agencies on the Watch List

Credit Rating Agencies on the Watch List
Author :
Publisher : Oxford University Press
Total Pages : 311
Release :
ISBN-10 : 9780199608867
ISBN-13 : 0199608865
Rating : 4/5 (865 Downloads)

Book Synopsis Credit Rating Agencies on the Watch List by : Raquel García Alcubilla

Download or read book Credit Rating Agencies on the Watch List written by Raquel García Alcubilla and published by Oxford University Press. This book was released on 2012-03-29 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rating agencies judge how solvent banks and big companies are. Prior to the financial crisis they were too optimistic when rating the risk of the banks and this prompted politicians worldwide to issue new regulations. This book explains what rating agencies do, why they are so important for the economy, and the new European Regulation.


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In much of the literature, rating agencies are seen as institutions providing informational services to the market. Our paper contributes to this literature by