| The Ratings Game Contributor(s): Fight, Andrew (Author), Fight (Author) |
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ISBN: 0471491349 ISBN-13: 9780471491347 Publisher: John Wiley & Sons OUR PRICE: $152.00 Product Type: Hardcover - Other Formats Published: January 2001 Annotation: What are credit rating agencies? Many people paying for ratings and ratings reports do not fully understand what they are buying and how these agencies really work. Ratings agencies wield immense power over the fate of individual corporations, countries, and whole economies, yet their workings are remarkably opaque. Many events over the past decade, such as the Asian crisis and the demise of certain financial institutions have highlighted some of the limitations of ratings agencies, and raised questions as to their accountability and the level of service they provide. In this comprehensive account of the workings of the rating agencies, Andrew Fight explains the role played by ratings agencies, how ratings are obtained, the methodologies through which organisations are assessed and the wider consequences of these decisions. |
| Additional Information |
| BISAC Categories: - Business & Economics | Finance - General - Business & Economics | Accounting - General |
| Dewey: 332.7 |
| LCCN: 00043349 |
| Series: Frontiers in Finance |
| Physical Information: 0.69" H x 6.14" W x 9.21" (1.27 lbs) 284 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: What are credit rating agencies? Many people paying for ratings andratings reports do not fully understand what they are buying andhow these agencies really work. Ratings agencies wield immensepower over the fate of individual corporations, countries, andwhole economies, yet their workings are remarkably opaque. Manyevents over the past decade, such as the Asian crisis and thedemise of certain financial institutions have highlighted some ofthe limitations of ratings agencies, and raised questions as totheir accountability and the level of service they provide. In this comprehensive account of the workings of the ratingagencies, Andrew Fight explains the role played by ratings agencies, how ratings are obtained, the methodologies through whichorganisations are assessed and the wider consequences of thesedecisions. |