Losing funds or losing face? Reputation and accountability in the credit rating industry

Reference

Angerer, M., Herrmann-Romero, M., & Szymczak, W. (2022). Losing funds or losing face? Reputation and accountability in the credit rating industry. Journal of Economic Dynamics and Control, 143, 1-32.

Publication Type

Article in Scientific Journal

Staff Members

Prof. Dr. Martin Angerer Dr. rer. oec. Wiebke Szymczak M.Sc. Dr. rer. oec. Matthias Herrmann-Romero MSc

Participating Institutions

Chair in Finance Innovative and Digital Finance

Research

Reputation and accountability mechanisms in the credit rating agency business

FFF-Funding Project

January 2022 until December 2022 (finished)

For many decades, Standard & Poor's, Moody's and Fitch have dominated the credit rating indus-try and provided the global financial markets with ratings on the creditworthiness of issuers and their ... More

DOI

https://dx.doi.org/10.1016/j.jedc.2022.104520