Credit Rating Agencies: Emerging Issues
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Author
Edition
1st ed.
Publisher
ISBN
8178815826
Length
188p.
Subjects
This book explores the role of rating agencies in capital markets. It analyses rating agencies prior to the Buttonwood agreement, the current scenario and future trends. It discusses the competence of credit rating agencies in the context of the Asian crisis and corporate scandals in the US, their NRSRO (Nationally Recognized Statistical Rating Organization) status, the role of SEC in initiating the reforms process and the implementation of the Basel II norms.
