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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Bibliographic Details

Published in:	MAGKS - Joint Discussion Paper Series in Economics (Band 55-2014)
Main Authors:	Bühren, Christoph, Plessner, Marco
Format:	Article
Language:	English
Published:	2014
Subjects:	Wirtschaft financial crisis rating experiment Economics
Online Access:	PDF Full Text
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