國立虎尾科技大學 |

Sovereign Debt and Rating Agency Bias

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Sovereign Debt and Rating Agency Bias/ by D. Tennant, M. Tracey.
Author:	Tennant, D.
other author:	Tracey, M.
Description:	150 p.online resource. :
Contained By:	Springer Nature eBook
Subject:	Risk management. -
Online resource:	https://doi.org/10.1057/9781137391506
ISBN:	9781137391506

Sovereign Debt and Rating Agency Bias
Tennant, D.

Sovereign Debt and Rating Agency Bias[electronic resource] /by D. Tennant, M. Tracey. - 1st ed. 2016. - 150 p.online resource.

Sovereign Debt and Credit Rating Bias rejects the notion that credit rating agencies' rigorous and transparent determination of ratings leaves no room for bias, and debunks the myth that the value CRAs place on their reputational capital precludes prolonged biases. To determine the extent of CRAs' biased actions, Tennant and Tracey apply a rigorous methodology to a well-established economic model of the determinants of sovereign debt quality. They present strong evidence of bias against poor countries and demonstrate how biased rating changes could disadvantage such countries and the companies operating therein as they seek access to international capital markets. They discuss plausible explanations for the bias and suggest remedial measures that would help ensure balance in credit rating changes. This book fills an important gap by rigorously examining a long-standing but often ignored concern about the rating practices of credit rating agencies.

ISBN: 9781137391506

Standard No.: 10.1057/9781137391506doiSubjects--Topical Terms:

559158
Risk management.

LC Class. No.: HD61

Dewey Class. No.: 658.155

Sovereign Debt and Rating Agency Bias
LDR:02237nam a22003855i 4500 001 975639
003 DE-He213
005 20200629233535.0
007 cr nn 008mamaa
008 201211s2016 xxu| s |||| 0|eng d
020 $a 9781137391506 $9 978-1-137-39150-6
024 7 $a 10.1057/9781137391506 $2 doi
035 $a 978-1-137-39150-6
050 4 $a HD61
072 7 $a KJM $2 bicssc
072 7 $a BUS033070 $2 bisacsh
072 7 $a KJM $2 thema
082 0 4 $a 658.155 $2 23
100 1 $a Tennant, D. $e author. $4 aut $4 http://id.loc.gov/vocabulary/relators/aut $3 1270095
245 1 0 $a Sovereign Debt and Rating Agency Bias $h [electronic resource] / $c by D. Tennant, M. Tracey.
250 $a 1st ed. 2016.
264 1 $a New York : $b Palgrave Macmillan US : $b Imprint: Palgrave Pivot, $c 2016.
300 $a 150 p. $b online resource.
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
347 $a text file $b PDF $2 rda
520 $a Sovereign Debt and Credit Rating Bias rejects the notion that credit rating agencies' rigorous and transparent determination of ratings leaves no room for bias, and debunks the myth that the value CRAs place on their reputational capital precludes prolonged biases. To determine the extent of CRAs' biased actions, Tennant and Tracey apply a rigorous methodology to a well-established economic model of the determinants of sovereign debt quality. They present strong evidence of bias against poor countries and demonstrate how biased rating changes could disadvantage such countries and the companies operating therein as they seek access to international capital markets. They discuss plausible explanations for the bias and suggest remedial measures that would help ensure balance in credit rating changes. This book fills an important gap by rigorously examining a long-standing but often ignored concern about the rating practices of credit rating agencies.
650 0 $a Risk management. $3 559158
650 0 $a Banks and banking. $3 556379
650 0 $a Finance, Public. $3 556260
650 0 $a Business enterprises—Finance. $3 1253877
650 0 $a Accounting. $3 561166
650 0 $a Bookkeeping . $3 1253557
650 0 $a Development economics. $3 577196
650 1 4 $a Risk Management. $3 569483
650 2 4 $a Banking. $2 bicssc $3 810653
650 2 4 $a Public Finance. $3 1104728
650 2 4 $a Business Finance. $3 1069042
650 2 4 $a Accounting/Auditing. $3 669239
650 2 4 $a Development Economics. $3 669178
700 1 $a Tracey, M. $e author. $4 aut $4 http://id.loc.gov/vocabulary/relators/aut $3 1270096
710 2 $a SpringerLink (Online service) $3 593884
773 0 $t Springer Nature eBook
776 0 8 $i Printed edition: $z 9781137397102
776 0 8 $i Printed edition: $z 9781349679546
776 0 8 $i Printed edition: $z 9781349679539
856 4 0 $u https://doi.org/10.1057/9781137391506
912 $a ZDB-2-ECF
912 $a ZDB-2-SXEF
950 $a Economics and Finance (SpringerNature-41170)
950 $a Economics and Finance (R0) (SpringerNature-43720)