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Rating Agencies – An Experimental Analysis of their Remuneration Model
Does it matter who pays for ratings? Yes, but not for the rating agencies’ behavior. These are the findings of our experiment where we analyze the effect of the remuneration model of rating agencies on their assessments as well as on investors’ and issuers’ behavior. First, we find that rating agenc...
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| Gepubliceerd in: | MAGKS - Joint Discussion Paper Series in Economics (Band 55-2014) |
|---|---|
| Hoofdauteurs: | , |
| Formaat: | Artikel |
| Taal: | Engels |
| Gepubliceerd in: |
Philipps-Universität Marburg
2014
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| Onderwerpen: | |
| Online toegang: | PDF Full text |
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MAGKS - Joint Discussion Paper Series in Economics