Credit rating agencies
| العنوان: | Credit rating agencies |
|---|---|
| المؤلفون: | Timothy J. Sinclair |
| المصدر: | International Organization and Global Governance ISBN: 9781003266365 International Organization and Global Governance ISBN: 9781315301914 |
| بيانات النشر: | Routledge, 2023. |
| سنة النشر: | 2023 |
| مصطلحات موضوعية: | Credit rating, Credit history, 05 social sciences, 050602 political science & public administration, Bond credit rating, Credit reference, Financial system, Credit enhancement, Business, Capitalism, Capital market, 050601 international relations, 0506 political science |
| الوصف: | Ratings seem increasingly central to the regulatory system of modern capitalism and therefore to governments everywhere. Getting credit ratings “right” therefore seems vitally important to many observers. But in pursuing improvement in the rating system one needs to appreciate the challenges and limits to rating. This article argues, after due attention to the origins and work of the agencies, that our expectations of the agencies are founded on a limited rationalist or machine-like understanding of the workings of capital markets. A more appropriately social (and dynamic) view of markets makes the challenge of effective rating even more daunting. The increasingly volatile nature of markets has created a crisis in relations between the agencies and governments, which increasingly seek to monitor their performance and stimulate reform in their procedures. |
| ردمك: | 978-1-00-326636-5 978-1-315-30191-4 |
| URL الوصول: | https://explore.openaire.eu/search/publication?articleId=doi_dedup___::0a1b4a14c081bab9ee3005710e626df5 https://doi.org/10.4324/9781003266365-35 |
| رقم الأكسشن: | edsair.doi.dedup.....0a1b4a14c081bab9ee3005710e626df5 |
| قاعدة البيانات: | OpenAIRE |
| ردمك: | 9781003266365 9781315301914 |
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