The Credibility of Credit Ratings Does a Timely Relation between Credit Ratings and Credit Risk exist for the Financial Services?

Afbeeldingen
Artikel vergelijken
  • Engels
  • Paperback
  • 9783848448425
  • 06 juli 2012
  • 84 pagina's
Alle productspecificaties

Samenvatting

This work examines the possible relation between credit risk and credit ratings, and the timeliness of this relation for the financial services. Investors and regulators use credit ratings as part of their decision making process and it is important to understand to which extend credit ratings reflect actual credit risk. This research focuses on the financial services because of the increasing credit risk over the years 2003 till 2007 and the strong commercial interests of credit rating agencies in this industry. A distorted relation between credit risk and credit ratings is most likely to become apparent in the financial services. Six financial metrics are used as a proxy for credit risk and two variables are used to measure changes in credit ratings. Based on the data and analyses the relation between credit ratings and credit risk is - at best - weak for the research period. The most significant relations are lagged by three or four years, which means that credit ratings are responding three or four years after changes in credit risk occur.

Productspecificaties

Inhoud

Taal
en
Bindwijze
Paperback
Oorspronkelijke releasedatum
06 juli 2012
Aantal pagina's
84
Illustraties
Met illustraties

Betrokkenen

Hoofdauteur
Arjan Schipperus

Overige kenmerken

Extra groot lettertype
Nee
Product breedte
152 mm
Product hoogte
5 mm
Product lengte
229 mm
Studieboek
Ja
Verpakking breedte
152 mm
Verpakking hoogte
5 mm
Verpakking lengte
229 mm
Verpakkingsgewicht
136 g

EAN

EAN
9783848448425

Je vindt dit artikel in

Taal
Engels
Boek, ebook of luisterboek?
Boek
Studieboek of algemeen
Studieboeken
Beschikbaarheid
Leverbaar
Nog geen reviews
Kies gewenste uitvoering
Bindwijze : Paperback
Prijsinformatie en bestellen
De prijs van dit product is 51 euro en 99 cent.
2 - 3 weken
Verkoop door bol
  • Prijs inclusief verzendkosten, verstuurd door bol
  • Ophalen bij een bol afhaalpunt mogelijk
  • 30 dagen bedenktijd en gratis retourneren
  • Dag en nacht klantenservice