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philosophy of market regulation and deregulation: (i) First, does the regulator have a responsibility to pursue a regular … driving role for deregulation of fixed access and calling markets, which are freed from regulation including margin squeeze … of market regulation are successfully sorted out and translated into regulatory practice, specifically when thought with …
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Using an international sample of more than 65,000 rating actions by Fitch, Moody's and S&P, we analyze the effect of the Dodd-Frank Act on credit ratings. We document that (i) rating report content changes significantly after Dodd-Frank and (ii) show, by exploiting within firm-quarter variation,...
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