Credit Rating Governance - Global Credit Gatekeepers

This book examines the governance of credit rating agencies, as expressed by their ability to fairly, ethically and consistently assign higher rates to issuers having lesser default risks. This will be of interest to researchers and advanced students of corporate finance, finance, financial economics, risk management, investm

List of contents

Preface 1. Introduction to the World of Credit Rating 2. Credit Rating Agencies Who they are and What they do? 3. The Big 3, the Global Credit Market Gatekeepers 4. Credit Rating Agencies’ Methodologies, Metrics and Rating Accuracy 5. Ordinal Credit Ratings: The threat to rating accuracy 6. Credit Ratings Critics, Telling it like it is 7. Credit Rating Agencies External Monitoring 8. Credit Rating Agencies Internal Monitoring 9. Agencies Rating Quality Control Systems 10. The Chall 6, Shall they Present Serious Challenge to Big 3? 11. Critical perspective and concluding remarks

About the author

Ahmed Naciri is Professor at the School of Business at UQAM, Canada. His work has earned him the Award of Excellence from the Canadian Association of Administrative Sciences.

Summary

This book examines the governance of credit rating agencies, as expressed by their ability to fairly, ethically and consistently assign higher rates to issuers having lesser default risks. This will be of interest to researchers and advanced students of corporate finance, finance, financial economics, risk management, investm

Product details

• Authors: Ahmed Naciri, Ahmed (University of Montreal Naciri, Naciri Ahmed
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Paperback / Softback
• Released: 12.12.2019
• EAN: 9780367870393
• ISBN: 978-0-367-87039-3
• No. of pages: 252
• Series: Routledge Studies in Corporate Governance
• Subjects: Social sciences, law, business > Business > Miscellaneous; Business & Economics / General, Business & Economics / Investments & Securities / General, Economics, BUSINESS & ECONOMICS / Banks & Banking, BUSINESS & ECONOMICS / Finance / General, BUSINESS & ECONOMICS / Corporate Finance / General, BUSINESS & ECONOMICS / Accounting / Financial, Corporate Finance, business strategy, Management of specific areas, Management accounting & bookkeeping, Credit and credit institutions, Credit & Credit Institutions, Management accounting, bookkeeping and auditing