Private Ratings, Public Regulations
Credit Rating Agencies and Global Financial Governance
Paperback
Lieferzeit: Print on Demand - Lieferbar innerhalb von 3-5 Werktagen I
ISBN-13:
9781349328116
Veröffentl:
2011
Einband:
Paperback
Erscheinungsdatum:
01.01.2011
Seiten:
224
Autor:
A. Kruck
Gewicht:
288 g
Format:
216x140x13 mm
Serie:
Transformations of the State
Sprache:
Englisch
Beschreibung:
Credit rating agencies play a powerful and contentious role in the governance of global financial markets. Introducing an original framework for delegating political authority to private actors, this book explains common trends in the regulatory use of private ratings for public purposes and analyzes regulatory changes after the Financial Crisis.
Credit rating agencies play a powerful and contentious role in the governance of global financial markets. Introducing an original framework for delegating political authority to private actors, this book explains common trends in the regulatory use of private ratings for public purposes and analyzes regulatory changes after the Financial Crisis.
Introduction: Private Ratings and Public Purposes The Regulatory Use of Credit Ratings: Overview and Conceptualization The Theoretical Model: An Embedded Resource Dependence View on Delegation Explaining Trend and Variation in the Regulatory Use of Credit Ratings Making Sense of the Role of External Ratings in Basel II Conclusion and Outlook: After the Crisis Notes References