implication or is downgraded. Findings – Firms which are certified and monitored by high-quality banks are less susceptible to …Purpose – This paper seeks to examine whether the market values the monitoring activity undertaken by a quality bank in … the presence of a credit rating agency. Specifically, the question is asked whether the quality of a lead lending bank …

Presents a set of quality measures which can be used to evaluate the effectiveness of credit scoring models. These … measures comprised standard performance statistics in order to ensure widespread applicability. Calculates quality measures for …