Unternehmen nimmt. Konkret wird im Rahmen einer empirischen Analyse die Wirkung des Qualitätsmanagements auf das Rating von SDAX … unternehmerischen Rating, so dass die Erhebung von Prozessfähigkeitskennzahlen für den Ratingprozess sinnvoll erscheint. … influences the operating efficiency of German firms. To analyze the influence of quality management on credit rating we use the …

In our paper, we analyze, based on a new rating methodology, 105 enterprises from Saxony with respect to their ability …

Basel II changes risk management in banks strongly. Internal rating procedures would lead one to expect that banks are … Basel Accord in this article we introduce some basic ideas of game theory in the context of rating procedures in accordance …

risk cannot be quantified with com-mon rating methods. This paper explains the risk associated with leveraged buyout (LBO …) transactions and demon-strates the implementation of a new rating method based on a logistic regression (logit func-tion), a rating …

The time-continuous discrete-state Markov process is a model for rating transitions. One parameter, namely the … intensity to migrate to an adjacent rating state, implies an ordinal rating to have an intuitive metric. State … between the rating states. A Taylor expansion reveals consistency and asymptotic normality of the parameter estimates …

possibility to determine their credit risk by an internal rating system. It is current practice to make use of quantitative … methods to develop the sys-tem. This paper will focus on rating systems calibrated using the discriminant analysis and the … first step, the borrowers are divided into rating classes. In the second step, a default probability is determined for each …

This paper provides a new interpretation of the early rise of rating agencies in the United States (initially known as …

with the same rating given by the British Fitch agency, which specialises in analysing Central and East European markets …