The Rating Agencies and Their Credit Ratings: What They Are, How They Work and Why They are Relevant (Wiley Finance) - Image 1

£50.96

Wiley The Rating Agencies and Their Credit Ratings: What They Are, How They Work and Why They are Relevant (Wiley Finance)

Name: The Rating Agencies and Their Credit Ratings: What They Are, How They Work and Why They are Relevant (Wiley Finance)
Brand: Wiley
Price: 50.96 GBP
Availability: InStock

Investments & Securities

Same price for 18 weeks. Today is much like next week.

£51 for 123 days straight · last change was Oct 2025

NEW HERE?

Amazon shows you one price. We show you all of them.

Tosheroon watches Amazon prices so you don't have to. Every product on Amazon has a price history — we make it visible. Set the price you'd actually pay, and we'll email you the second it gets there. No app, no account, one email.

WHAT'S ON THIS PAGE

↓ Price chart
when this has been cheap or pricey

↓ Forecast
where the price is heading next

↓ Statistics
all-time high & low, recent range

↑ Price alert
name your number, we'll email you

Price History & Forecast

Grey patches = out of stock. Cheaper = lower on the chart. Hover for exact prices.

Last 616 days • 616 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 616 days • 9 price levels

Days at Price

Current Price

Price Analysis

Most common price: £55 (229 days, 37.2%)

Price range: £46 - £57

Price levels: 9 different prices over 616 days

Description

Credit rating agencies play a critical role in capital markets, guiding the asset allocation of institutional investors as private capital moves freely around the world in search of the best trade-off between risk and return. However, they have also been strongly criticised for failing to spot the Asian crisis in the early 1990s, the Enron, WorldCom and Parmalat collapses in the early 2000s and finally for their ratings of subprime-related structured finance instruments and their role in the current financial crisis. This book is a guide to ratings, the ratings industry and the mechanics and economics of obtaining a rating. It sheds light on the role that the agencies play in the international financial markets. It avoids the sensationalist approach often associated with studies of rating scandals and the financial crisis, and instead provides an objective and critical analysis of the business of ratings. The book will be of practical use to any individual who has to deal with ratings and the ratings industry in their day-to-day job. Reviews "Rating agencies fulfil an important role in the capital markets, but given their power, they are frequently the object of criticism. Some of it is justified but most of it portrays a lack of understanding of their business. In their book The Rating Agencies and their Credit Ratings, Herwig and Patricia Langohr provide an excellent economic background to the role of rating agencies and also a thorough understanding of their business and the problems they face. I recommend this book to all those who have an interest in this somewhat arcane but extremely important area." -Robin Monro-Davies, Former CEO, Fitch Ratings. "At a time of unprecedented public and political scrutiny of the effectiveness and indeed the basic business model of the Credit Rating industry, and heightened concerns regarding the transparency and accountability of the leading agencies, this book provides a commendably comprehensive overview, and should provide invaluable assistance in the ongoing debate." -Rupert Atkinson, Managing Director, Head of Credit Advisory Group, Morgan Stanley and member of the SIFMA Rating Agency Task Force "The Langohrs have provided useful information in a field where one frequently finds only opinions or misconceptions. They supply a firm base from which to understand changes now underway. A well-read copy of this monograph should be close to the desk of every investor, issuer and financial regulator, legislator or commentator." -John Grout, Policy and Technical Director, The Association of Corporate Treasurers

Product Specifications

Brand: Wiley
Format: Hardcover
ASIN: 0470018003
Category: Books > Subjects > Business, Finance & Law > Professional Finance > Investments & Securities
Domain: Amazon UK
Release Date: 23 January 2009
Listed Since: 12 December 2006

Barcode

No barcode data available

Wiley The Rating Agencies and Their Credit Ratings: What They Are, How They Work and Why They are Relevant (Wiley Finance)

Same price for 18 weeks. Today is much like next week.

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

A Modern Credit Rating Agency: The Story of Moody’s (Routledge Studies in Corporate Governance)

Regulation and the Credit Rating Agencies: Restraining Ancillary Services (Routledge Research in Corporate Law)

The Governance of Credit Rating Agencies: Regulatory Regimes and Liability Issues (Elgar Financial Law and Practice series)

Optimale Fremdfinanzierung nach Basel II: 2

Kointegrationskonzepte für die Kreditrisikomodellierung: Systematische Kreditrisiken und makroökonomische Theorienbildung

Routledge Credit Rating Governance: Global Credit Gatekeepers

Structured Credit Products: Pricing, Rating, Risk Management and Basel II

The CME Vulnerability: The Impact of Negative Oil Futures Trading

Rating Based Modeling of Credit Risk: Theory and Application of Migration Matrices (Academic Press Advanced Finance)

Structured Finance and Collateralized Debt Obligations: New Developments in Cash and Synthetic Securitization (Tavakoli Finance)

Structured Finance and Collateralized Debt Obligations: New Developments in Cash and Synthetic Securitization (Tavakoli Finance)

Eigenkapitalmanagement mittels Asset-backed Securities: Die Auswirkungen von Basel II auf das Phänomen der regulatorischen Kapitalarbitrage bei Collateralized Loan Obligations

Modern Credit Risk Management: Theory and Practice

Finanzwirtschaft des Unternehmens und Kapitalmarkt (Springer-Lehrbuch)

Measuring and Managing Credit Risk: Quantitative Approaches for Default Risk/Data Analysis and Models for Loss Distrubutions/Unique Strategies for ... (PROFESSIONAL FINANCE & INVESTM)

Implications of the Global Financial Crisis for Financial Reform and Regulation in Asia (ADBI series on Asian Economic Integration and Cooperation)

Modern Financial Engineering: Counterparty, Credit, Portfolio and Systemic Risks: 2 (Topics In Systems Engineering)

New Drivers of Performance in a Changing World (Palgrave Macmillan Studies in Banking and Financial Institutions)

Managing and Measuring Capital: For Banks and Financial Institutions

Corporate Bonds: Structure and Analysis: 11 (Frank J. Fabozzi Series)

Bedeutung und Nutzbarkeit von Ratings für in Deutschland zugelassene Publikumsfonds im Beratungsprozess der Fondsvermittlung bei einem privaten Finanzdienstleister

Sustainability Rating Agencies vs Credit Rating Agencies: The Battle to Serve the Mainstream Investor (Palgrave Studies in Impact Finance)

Quantitative Credit Portfolio Management: Practical Innovations for Measuring and Controlling Liquidity, Spread, and Issuer Concentration Risk: 202 (Frank J. Fabozzi Series)

The Bank Credit Analysis Handbook: A Guide for Analysts, Bankers and Investors: 675 (Wiley Finance)