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The Resource Credit rating governance : global credit gatekeepers, Ahmed Naciri

Credit rating governance : global credit gatekeepers, Ahmed Naciri

Label
Credit rating governance : global credit gatekeepers
Title
Credit rating governance
Title remainder
global credit gatekeepers
Statement of responsibility
Ahmed Naciri
Creator
Subject
Language
eng
Summary
Credit rating agencies play an essential role in the modern financial system and are relied on by creditors and investors on the market. In the recent financial crisis, their power and reliability were often questioned, yet a simple rating downgrade could threaten to bankrupt a whole country. 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. However, factors such as the drive for increased revenue and market share, the inadequate business model, the inadequate methodology of assessing risk, opacity and inadequate internal monitoring have all been identified as critical governance failures for credit agencies. This book explores these issues, and proposes some potential solutions and improvements. This will be of interest to researchers and advanced students of corporate finance, finance, financial economics, risk management, investment management, and banking.--
Member of
Assigning source
Provided by Publisher
Cataloging source
DLC
http://library.link/vocab/creatorDate
1947-
http://library.link/vocab/creatorName
Naciri, Ahmed
Index
index present
Literary form
non fiction
Nature of contents
bibliography
Series statement
Routledge studies in corporate governance
http://library.link/vocab/subjectName
  • Rating agencies (Finance)
  • Credit ratings
  • Financial services industry
Label
Credit rating governance : global credit gatekeepers, Ahmed Naciri
Instantiates
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Contents
Preface -- Introduction to the world of credit rating -- Credit rating agencies who they are and what they do? -- The big 3, the global credit market gatekeepers -- Credit rating agencies' methodologies, metrics and rating accuracy -- Ordinal credit ratings : the threat to rating accuracy -- Credit ratings critics, telling it like it is -- Credit rating agencies external monitoring -- It rating agencies internal monitoring -- Agencies rating quality control systems -- The chall 6, shall they present serious challenge to big3? -- Critical perspective and concluding remarks
Control code
FIEb17672739
Dimensions
24 cm.
Edition
1st edition.
Extent
xx, 231 pages
Isbn
9781138796546
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
System control number
(OCoLC)890178937
Label
Credit rating governance : global credit gatekeepers, Ahmed Naciri
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Contents
Preface -- Introduction to the world of credit rating -- Credit rating agencies who they are and what they do? -- The big 3, the global credit market gatekeepers -- Credit rating agencies' methodologies, metrics and rating accuracy -- Ordinal credit ratings : the threat to rating accuracy -- Credit ratings critics, telling it like it is -- Credit rating agencies external monitoring -- It rating agencies internal monitoring -- Agencies rating quality control systems -- The chall 6, shall they present serious challenge to big3? -- Critical perspective and concluding remarks
Control code
FIEb17672739
Dimensions
24 cm.
Edition
1st edition.
Extent
xx, 231 pages
Isbn
9781138796546
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
System control number
(OCoLC)890178937

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