The Ratings Game Andrew Fight

ISBN: 9780470322321

Published: December 10th 2007

ebook

284 pages


Description

The Ratings Game  by  Andrew Fight

The Ratings Game by Andrew Fight
December 10th 2007 | ebook | PDF, EPUB, FB2, DjVu, AUDIO, mp3, ZIP | 284 pages | ISBN: 9780470322321 | 8.23 Mb

What are credit rating agencies? Many people paying for ratings and ratings reports do not fully understand what they are buying and how these agencies really work. Ratings agencies wield immense power over the fate of individual corporations,MoreWhat are credit rating agencies? Many people paying for ratings and ratings reports do not fully understand what they are buying and how these agencies really work.

Ratings agencies wield immense power over the fate of individual corporations, countries, and whole economies, yet their workings are remarkably opaque. Many events over the past decade, such as the Asian crisis and the demise of certain financial institutions have highlighted some of the limitations of ratings agencies, and raised questions as to their accountability and the level of service they provide.In this comprehensive account of the workings of the rating agencies,Andrew Fight explains the role played by ratings agencies, how ratings are obtained, the methodologies through which organisations are assessed and the wider consequences of these decisions.



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