Sovereign Debt and Credit Rating Bias

• Main Authors: Tennant, David F. (Author), Tracey, Marlon R. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: New York : Palgrave Macmillan US : Imprint: Palgrave Pivot, 2016.
• Subjects: Finance.; Accounting.; Bookkeeping.; Business enterprises > Finance.; Finance, Public.; Banks and banking.; Risk management.; Development economics.; Risk Management.; Banking.; Public Finance.; Business Finance.; Accounting/Auditing.; Development Economics.

Sovereign Debt and Credit Rating Bias rejects the notion that credit rating agencies' rigorous and transparent determination of ratings leaves no room for bias, and debunks the myth that the value CRAs place on their reputational capital precludes prolonged biases. To determine the extent of CR...