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Routledge Credit Rating Governance: Global Credit Gatekeepers - Routledge

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Description

Credit Rating Governance examines how rating agencies govern their operations and assign ratings fairly and ethically in the modern financial system. The book explores the tension between investor reliance on credit ratings and agency practices that prioritise revenue growth and market expansion, particularly following the financial crisis when rating downgrades threatened entire nations. Through rigorous analysis of agency governance structures, this Routledge Studies in Corporate Governance volume investigates whether rating agencies can balance their business objectives with their responsibility to provide consistent, reliable assessments of issuer default risk. The work addresses inadequacies in current business models and governance frameworks that affect the integrity of credit markets globally.

Key Features

Routledge Studies in Corporate Governance series publication examining credit rating agency governance and accountability structures.

Analyses the essential role credit rating agencies play in the financial system and their impact on creditors and investors.

Investigates how revenue and market share objectives conflict with fair, ethical, and consistent rating assignments.

Addresses governance failures exposed during the recent financial crisis and their lasting implications for financial stability.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
04 February 2015
Listed Since
11 August 2014

Barcode

No barcode data available

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