PAGLIACCI, MARIO G.R. - In: THE YEARBOOK OF THE “GH. ZANE” INSTITUTE OF … 19 (2010), pp. 43-50
The philosophy of rating in Basel 2 principles is to evaluate the probability of default (PD) of the single enterprise; nevertheless it is attested that the assessment must exceed traditional quantitative approach based on the balance sheet analysis. The triangular approach posed by Basel 2...