The ethics of credit rating agencies: what happened and the way forward
S Scalet, TF Kelly - Journal of business ethics, 2012 - Springer
During the short span of a few months in 2008, 14 trillion dollars of highly rated bonds fell
into junk status, surprising the global financial system and accelerating an economic …
into junk status, surprising the global financial system and accelerating an economic …
[BOOK][B] The independence of credit rating agencies: How business models and regulators interact
G Mattarocci - 2013 - books.google.com
The Independence of Credit Rating Agencies focuses on the institutional and regulatory
dynamics of these agencies, asking whether their business models give them enough …
dynamics of these agencies, asking whether their business models give them enough …
[PDF][PDF] CDOs–A critical phenomenon of the financial system in the crisis
KM Beyer, L Bräutigam - 2013 - econstor.eu
The securitization of credit claims forms an essential element of the global financial system
and the global financial crisis. In the last four decades securitization developed into a …
and the global financial crisis. In the last four decades securitization developed into a …
Getting Rid of Issuer Pay Will Not Improve Credit Ratings, But Maybe Investor Revenue Will
D Lucas - But Maybe Investor Revenue Will (September 18, 2023 …, 2023 - papers.ssrn.com
Critics of credit rating agencies' issuer-pay revenue practice note that it allows debt issuers
and arrangers to shop among agencies for the highest rating. There is ample evidence that …
and arrangers to shop among agencies for the highest rating. There is ample evidence that …