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-trivial when more than three credit rating agencies are involved. We propose a method for comparing rating scales, and hence …Investors are being encouraged after the global crisis to reduce their dependence on the largest credit rating agencies … for risk assessments of companies and securities. Comparing risk assessments from different sources rapidly becomes non …
Persistent link: https://www.econbiz.de/10011151917
Persistent link: https://www.econbiz.de/10010339858
Article proposes comparative studies of credit ratings of the leading Russian and international rating agencies. We … analyze approaches and the possibility of comparison of agencies’ rating scales. Purpose of this analysis is to propose method … and describe the criteria for comparison of rating scales and the possibility of using standard econometric models. We …
Persistent link: https://www.econbiz.de/10009422059
The financial crisis prompted closer supervision of securitisation as a mechanism for refinancing the economy. In France the principal underlying assets of securitisations are bank loans and credits to resident households and non-financial companies.
Persistent link: https://www.econbiz.de/10010635612
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 …
Persistent link: https://www.econbiz.de/10010299985
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 …
Persistent link: https://www.econbiz.de/10008556000
This paper investigates whether there is any consistency between banks' financial strength ratings (bank rating) and … higher efficiency score on average tend to obtain favorable ratings. It appears that rating agencies generally encourage …
Persistent link: https://www.econbiz.de/10008732356
This paper investigates whether there is any consistency between banks’ financial strength ratings (bank rating) and … higher efficiency score on average tend to obtain favorable ratings. It appears that rating agencies generally encourage …
Persistent link: https://www.econbiz.de/10014192502
Persistent link: https://www.econbiz.de/10011326704
This study examines the determinants of capital adequacy and voluntary capital buffers among microfinance institutions (MFIs). We apply the two-stage least squares (2SLS) with instrumental variables to account for endogeneity. Using quarterly panel data of 439 MFIs in Ghana covering the period...
Persistent link: https://www.econbiz.de/10014501012