Credit rating agencies on the watch list : analysis of European regulation /
Rating agencies judge how solvent banks and big companies are. Prior to the financial crisis they were too optimistic when rating the risk of the banks and this prompted politicians worldwide to issue new regulations. This book explains what rating agencies do, why they are so important for the econ...
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| Format: | eBook |
| Language: | English |
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Oxford :
Oxford University Press,
2012.
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| Edition: | 1st ed. |
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| Online Access: | Connect to the full text of this electronic book |
| Summary: | Rating agencies judge how solvent banks and big companies are. Prior to the financial crisis they were too optimistic when rating the risk of the banks and this prompted politicians worldwide to issue new regulations. This book explains what rating agencies do, why they are so important for the economy and the new European Regulation. |
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| Physical Description: | 1 online resource (xv, 294 pages) |
| Bibliography: | Includes bibliographical references (pages 286-289) and index. |
| ISBN: | 0199608865 9780199608867 9780191624063 0191624063 9780191739125 019173912X |