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Credit Rating Agencies : Regulation and Reform Act Review, PDF eBook

Credit Rating Agencies : Regulation and Reform Act Review PDF

Edited by Ryan G Bilson, Anne M. Delacour

PDF

Please note: eBooks can only be purchased with a UK issued credit card and all our eBooks (ePub and PDF) are DRM protected.

Description

Credit rating agencies (CRAs) are expected to provide investors with an informed and unbiased view on securities' debt risk; the risk that issuers will fail to make promised interest or principal payments when they are due.

The agencies provide judgments on the creditworthiness of bonds issued by a wide spectrum of entities, including corporations, nonprofit firms, special purpose entities, sovereign nations and state and municipal governments.

This book explores the regulation and reform of credit rating agencies with a focus on their performance and failures in recent years.

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