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institutional governance, and lower rating transparency. Emerging markets are served by both international and national rating …
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This paper examines the issues of the aggregation and comparison of the credit ratings of various economic agents for risk management purposes in a commercial bank. The empirical results of the study make it possible to increase the assessment of credit risks based on the constructed system of...
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to strategies, liquidity problems, and agency costs beyond a simple monitoring). For Romania, it is essential to adapt …
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