The Relevance of Rating Agencies

Credit rating agencies basically check and determine the ability of individuals, companies, countries to pay back debt. It assesses the creditworthiness of various bodies. Now that we have an idea of what credit rating agencies are, what then are the impacts they have on businesses and economies? That is what this article aims to shed […]

Issues Relating to Credit Rating Agencies

Understanding the Often-Unsatisfactory Behavior of The Rating Agencies The evidence that emerges from the analyses can lead, more than understandably, to the formation of a negative concept about the agencies, but above all, they weaken those certainties that lead to consider these organizations, essential for the proper functioning of the market. The birth of these […]

Procyclical Rating

Introduction The Asian crisis of 1997-1998 and the default wave in 2001 have cast some doubts on the ability of the Agencies to carry out the review of the Ratings. A series of surveys have shown how high the percentage of market operators who are dissatisfied with the slow progress of the Agencies in adjusting […]