Bayar, Yilmaz - In: Research in World Economy 5 (2014) 1, pp. 49-58
Credit rating business firstly emerged in the United States in 1900s and became a part of global financial system together with globalization of financial markets as of mid-1970s. The bankruptcies of corporates such as Enron and Worldcom, and financial crises such as 1997 Asian crisis, Global...