[HTML][HTML] Detecting conflicts of interest in credit rating changes: a distribution dynamics approach
In this study, we compare the adjustments of credit ratings by an investor-paid credit rating
agency (CRA), represented by Egan-Jones Ratings Company, and an issuer-paid CRA …
agency (CRA), represented by Egan-Jones Ratings Company, and an issuer-paid CRA …
Synthetic Credit Ratings and the Inefficiency of Agency Ratings
N Doron - The Journal of Fixed Income, 2024 - pm-research.com
This study develops and evaluates a model that generates synthetic credit ratings using
accounting and market-based information. The model performs well in explaining agency …
accounting and market-based information. The model performs well in explaining agency …
[HTML][HTML] Forecasting credit ratings of EU banks
The aim of this study is to forecast credit ratings of EU banking institutions, as dictated by
Credit Rating Agencies (CRAs). To do so, we developed alternative forecasting models that …
Credit Rating Agencies (CRAs). To do so, we developed alternative forecasting models that …
Unfamiliarity breeds resentment: familiarity bias in inaugural credit ratings
D Ayres, S Dolvin - Journal of Behavioral Finance, 2021 - Taylor & Francis
While a company's first-time, or inaugural, corporate credit rating should be highly
informational, we are concerned that ratings agencies might be impacted by a lack of …
informational, we are concerned that ratings agencies might be impacted by a lack of …
Synthetic Credit Ratings and the Inefficiency of Agency Ratings
D Nissim - Columbia Business School Research Paper, 2023 - papers.ssrn.com
This study develops and evaluates a model that generates synthetic credit ratings using
accounting and market-based information. The model performs well in explaining agency …
accounting and market-based information. The model performs well in explaining agency …