Abstracting and IndexingРИНЦReferativny Zhurnal VINITI RAS Worldcat LCCN Permalink Google Scholar Online availableEastvieweLIBRARY.RU Biblioclub |
Conflict of interest involving international credit rating agencies as the starting point in the development of their activities regulation
Available online: 17 November 2010 Subject Heading: Stock market JEL Classification:
Rating agencies were discredited with the beginning of global financial crisis of 2008-2009. The failures of credit rating agencies during the market crisis had been the subject of several forums and economic conferences, also motivating a number of potential regulatory proposals. This paper examines actual problems relating to rating agencies activity, mainly discussing changes in regulation process. Author summarizes main drawbacks of rating agencies and suggests possible ways of mitigating them. Keywords: credit rating agencies, conflict of interest, financial crisis, regulation |
ISSN 2311-8709 (Online)
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