Rating Agencies and the Fallout of the 2007-2008 Financial Crisis - nouveau livre

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ISBN/EAN: 9783631696361

ISBN - Autres types d'écriture:
978-3-631-69636-1

Données de l'éditeur

Auteur: Petra Lieven
Titre: Rating Agencies and the Fallout of the 2007–2008 Financial Crisis
Editeur: Peter Lang GmbH, Internationaler Verlag der Wissenschaften
298 Pages
Date de parution: 2016-10-10
Frankfurt a.M. DE
Imprimé / Fabriqué en
Langue: Anglais
80,95 € (DE)
80,95 € (AT)
88,95 CHF (CH)
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EA; E101; Nonbooks, PBS / Wirtschaft/Betriebswirtschaft; Management: Budget und Finanzen; Verstehen; Budgeting & financial management; 2007–2008; Agencies; Crisis; Fallout; Financial; Lieven; Rating; Optimieren; EA; EA; BB

Petra Lieven holds a Master of Business Administration degree from the University of Wales (Cardiff) and received her doctoral degree from the Cyprus International University (Nicosia). She is head of accounting/controlling at a German venture capital company.

This book examines rating agencies role in the recent financial crisis and proposed reforms. It summarizes the key causes that have led to the crisis, analyzes points of criticism and accusations leveled at rating agencies, and discusses proposals towards regulatory reform. The author takes rating agencies position regarding these accusations and proposals into account. In contrast to other studies focusing only on US and EU regulatory issues, this study also considers whether responses from other countries could deliver a feasible path in adopting new regulations. The author examines in a cross-country qualitative manner stakeholder perceptions with respect to rating agencies. Based on empirical findings the study discusses how perceived or revealed shortcomings can be solved.

Rating agencies have been accused of exacerbating the financial crisis 2007–2008, triggering calls to regulate rating agencies to ensure transparency and competiveness. This highly informative study discusses theoretically and investigates empirically how revealed shortcomings can be solved and what proposals should be advanced or implemented.

Causes of the crisis 2007-2008 – Rating agencies defense – Rating process – Structured finance – Rating agencies and price determination in financial markets – Regulators, regulations, and price determination – US regulatory issues – Responses from Europe, Canada, India and Asian Pacific countries – Empirical cross-country research