The Independence of Credit Rating Agencies: How Business Models and Regulators Interact

This volume presents an organizational structural analysis of the economic and organizational independence of credit ratings agencies with respect to different stakeholders in the market. Following basic definitions and descriptive information, chapters examine the role of rating in the financial markets, describes the overall rating market, examines economic and financial equilibrium of rating agencies, analyzes ratings agencies’ pricing policies, and explores issues and measures of independence. Annotation ©2014 Ringgold, Inc., Portland, OR (protoview.com)