Internal Rating Systems and the Bank-Firm Relationship

Internal Rating Systems and the Bank-Firm Relationship PDF Author: Bernardino Quattrociocchi
Publisher: Palgrave Macmillan
ISBN: 9781349563661
Category : Business & Economics
Languages : en
Pages : 119

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Book Description
This book provides the conceptual and operational tools for understanding the mechanisms for assigning a rating to a network of companies. In it, the author explores the rating systems of corporate networks and analyses the link between rating and an enterprise network.

Internal Rating Systems and the Bank-Firm Relationship

Internal Rating Systems and the Bank-Firm Relationship PDF Author: Bernardino Quattrociocchi
Publisher: Palgrave Macmillan
ISBN: 9781349563661
Category : Business & Economics
Languages : en
Pages : 119

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Book Description
This book provides the conceptual and operational tools for understanding the mechanisms for assigning a rating to a network of companies. In it, the author explores the rating systems of corporate networks and analyses the link between rating and an enterprise network.

Internal Rating Systems and the Bank-Firm Relationship

Internal Rating Systems and the Bank-Firm Relationship PDF Author: Bernardino Quattrociocchi
Publisher: Springer
ISBN: 1137497254
Category : Business & Economics
Languages : en
Pages : 119

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Book Description
This book provides the conceptual and operational tools for understanding the mechanisms for assigning a rating to a network of companies. In it, the author explores the rating systems of corporate networks and analyses the link between rating and an enterprise network.

Credit Rating and Bank-Firm Relationships

Credit Rating and Bank-Firm Relationships PDF Author: Michele Modina
Publisher: Springer
ISBN: 1137496223
Category : Business & Economics
Languages : en
Pages : 181

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Book Description
This book explores the role of the rating system in creditworthiness assessment, looking into its current status, strengths and weaknesses and possible evolution in the light of Basel 3 and the Global Economic Crisis.

Credit Rating and Bank-Firm Relationships

Credit Rating and Bank-Firm Relationships PDF Author: Michele Modina
Publisher: Springer
ISBN: 1137496223
Category : Business & Economics
Languages : en
Pages : 181

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Book Description
This book explores the role of the rating system in creditworthiness assessment, looking into its current status, strengths and weaknesses and possible evolution in the light of Basel 3 and the Global Economic Crisis.

Ratings, Rating Agencies and the Global Financial System

Ratings, Rating Agencies and the Global Financial System PDF Author: Richard M. Levich
Publisher: Springer Science & Business Media
ISBN: 1461509998
Category : Business & Economics
Languages : en
Pages : 380

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Book Description
Ratings, Rating Agencies and the Global Financial System brings together the research of economists at New York University and the University of Maryland, along with those from the private sector, government bodies, and other universities. The first section of the volume focuses on the historical origins of the credit rating business and its present day industrial organization structure. The second section presents several empirical studies crafted largely around individual firm-level or bank-level data. These studies examine (a) the relationship between ratings and the default and recovery experience of corporate borrowers, (b) the comparability of credit ratings made by domestic and foreign rating agencies, and (c) the usefulness of financial market indicators for rating banks, among other topics. In the third section, the record of sovereign credit ratings in predicting financial crises and the reaction of financial markets to changes in credit ratings is examined. The final section of the volume emphasizes policy issues now facing regulators and credit rating agencies.

New Perspectives on the Bank-Firm Relationship

New Perspectives on the Bank-Firm Relationship PDF Author: Paola Ferretti
Publisher: Springer
ISBN: 3319403311
Category : Business & Economics
Languages : en
Pages : 189

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Book Description
This book analyses the connections between the banking industry in Europe and the companies it finances. Ferretti specifically studies how these bonds have evolved over time and questions whether now is the time for a change in the relationship’s dynamics. Chapters discuss the role of bank lending in firms’ financing during the recent financial crisis, as well as issues in credit risk management. The discussion also examines regulatory requirements impacting banks and firms (Basel III) and how they intersect with banks’ internal purposes. Moreover, the book explores how the financial crisis has impacted the relationship between banks and businesses, and seeks to identify the strengths and weaknesses inherent to it. Through this timely discussion, Ferretti looks to the future of the relationship between banks and non-financial organizations to see how they can be revitalised, adapted and reimagined in a post-crisis economy.

Credit Reporting and Financing Constraints

Credit Reporting and Financing Constraints PDF Author: Inessa Love
Publisher: World Bank Publications
ISBN: 0031110134
Category : Credit bureaus
Languages : en
Pages : 33

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Book Description
The authors combine firm-level data from the World Bank Business Environment Survey (WBES) with data on private and public credit registries to investigate whether the presence of a credit registry in a country is associated with lower financing constraints, as perceived by managers, and with higher share of bank financing. They find that the existence of private credit registries is associated with lower financing constraints and higher share of bank financing, while the existence of public credit registries does not seem to have a significant effect on these perceived financing constraints. The authors also find that small- and medium-sized firms tend to have a higher share of bank financing in countries where private registries exist and stronger rule of law is associated with more effective private credit registries. Finally, the authors find some evidence that the presence of a public credit registry benefits younger firms relatively more than older firms.

The Rating Agencies and Their Credit Ratings

The Rating Agencies and Their Credit Ratings PDF Author: Herwig M. Langohr
Publisher: John Wiley & Sons
ISBN:
Category : Business & Economics
Languages : en
Pages : 662

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Book Description
This title is a guide to ratings, the ratings industry, and the mechanics and economics of obtaining a rating. It sheds light on the role that the agencies play in the international financial markets.

Public Credit Rating Agencies

Public Credit Rating Agencies PDF Author: Susan K Schroeder
Publisher: Springer
ISBN: 1137359110
Category : Business & Economics
Languages : en
Pages : 196

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Book Description
In the aftermath of the Global Financial Crisis, there have been many criticisms weighed against private credit rating agencies. Many claim they only exacerbate financial market volatility by issuing faulty public statements, ratings warnings, and downgrades. This instability increases the uncertainty in business environments and weakens the pace of business investment. Their rating changes also prompt national governments to reduce their spending at a time when fiscal expenditures are crucial for economic recovery. Public Credit Rating Agencies argues for the creation of national public credit rating agencies, offering the first in-depth discussion of their implied role and function operating alongside private agencies. Schroeder provides an up-to-date overview of the ratings industry and the government bodies that monitor its activities. She suggests that the proper implementation of public credit rating agencies will promote the stability of lending, further development and adaptation of new technology, and increase labor productivity and the profitability of new investment in businesses. Finally, this book clarifies the inconsistencies that have surfaced between public budgeting and a rating agency's evaluation of national budgets.

The Financial Crisis Inquiry Report, Authorized Edition

The Financial Crisis Inquiry Report, Authorized Edition PDF Author: United States. Financial Crisis Inquiry Commission
Publisher: Public Affairs
ISBN: 1610390415
Category : Business & Economics
Languages : en
Pages : 578

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Book Description
Examines the causes of the financial crisis that began in 2008 and reveals the weaknesses found in financial regulation, excessive borrowing, and breaches in accountability.