smaller CRAs and new incumbents are the increase of market share as well as reputation. Therefore, the market competition …

influencing the investor and regulating the issuer’s access to the financial markets. In India, Securities and Exchange board of … India (SEBI) brought rating agencies under its regulatory ambit in 1999. After the financial crisis in 2008, capital markets … broad guidelines for the rating agencies. There has been many changes in the regulatory framework of India and many …

etc. There are seven registered credit rating agencies in India including three new agencies that entered into the market … for promoting fair competition among the credit rating agencies for the growth debt market. The rating given by the CRAs …. Financial literacy is still in the nascent stage in India and standardised rating scales will help the investor community to …

these incentives are affected by the level of competition in the rating industry and by rating agencies' role as gatekeepers … rating industry competition leads to stronger corporate misreporting incentives if ratings are sufficiently precise or if … rating agencies assume a gatekeeper role. Under imperfect rating industry competition, (ii) agencies' gatekeeper role …

these incentives are affected by the level of competition in the rating industry and by rating agencies' role as gatekeepers … rating industry competition leads to stronger corporate misreporting incentives if ratings are sufficiently precise or if … rating agencies assume a gatekeeper role. Under imperfect rating industry competition, (2) agencies' gatekeeper role …

competition among CRAs causes them to reduce their fees, put in less effort, and thus leads to less accurate ratings. Rating …

DBRS decreases by at least 1.5 notches. This implies that under heightened competition from smaller rating agencies like …

In this paper, we empirically investigate the impact of intensified competition on rating quality in the credit rating … market for residential mortgage-backed securities (RMBS) in the period 2017-2020. We provide evidence that competition … rating should solely represent the underlying credit risk of a RMBS, irrespective of the competition in the market, our …