Since 2014
Is it necessary to regulate credit rating agencies?
Global Markets and Financial Engineering
View Archive Info| Field | Value | |
| Title |
Is it necessary to regulate credit rating agencies?
Is it necessary to regulate credit rating agencies? |
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| Creator |
Karminsky A...; National Research University Higher School of Economics, Moscow State Institute of International Relations (University)
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| Subject |
rating; rating agency; scale correlation; regulator
rating; rating agency; scale correlation; regulator |
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| Description |
Rating scores have acquired the status of one of the key informative tools in the financial sector. At the same time it is impossible to confirm the reliability of each score. It is the opinion of a rating agency with respect to a certain aspect of one company’s or one bank’s activity, such as, for example, subjects of evaluation of a business solvency. Goodwill is a natural control. But is that enough? And how can one compare the assessments of different agencies?This article presents methods that answer these and related questions of regulators, issuers and investors. The emphasis is on the remote approach that has passed through a specific practical approbation.
Rating scores have acquired the status of one of the key informative tools in the financial sector. At the same time it is impossible to confirm the reliability of each score. It is the opinion of a rating agency with respect to a certain aspect of one company’s or one bank’s activity, such as, for example, subjects of evaluation of a business solvency. Goodwill is a natural control. But is that enough? And how can one compare the assessments of different agencies?This article presents methods that answer these and related questions of regulators, issuers and investors. The emphasis is on the remote approach that has passed through a specific practical approbation. |
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| Publisher |
Creative Economy Publishers LLC
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| Contributor |
—
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| Date |
2014-12-28
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Отрецензированная статья |
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| Format |
application/pdf
text/html |
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| Identifier |
http://journals.creativeconomy.ru/index.php/gmfe/article/view/274
10.18334/gmfe.1.1.274 |
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| Source |
Global Markets and Financial Engineering; Том 1, № 1 (2014); 21-30
Global Markets and Financial Engineering; Том 1, № 1 (2014); 21-30 2412-978X 10.18334/gmfe.1.1 |
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| Language |
eng
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| Relation |
http://journals.creativeconomy.ru/index.php/gmfe/article/view/274/348
http://journals.creativeconomy.ru/index.php/gmfe/article/view/274/349 |
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| Rights |
© авторы / Creative Economy Publishers, 2014
http://creativecommons.org/licenses/by-nc-nd/4.0 |
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