The necessity of stock markets information incorporation into the methodology of credit rating agencies

Kozmenko, Serhiy and Plastun, Oleksiy (2012): The necessity of stock markets information incorporation into the methodology of credit rating agencies. Published in: Investment Management and Financial Innovations , Vol. 9, No. 3 (28 September 2012): pp. 8-18.

Abstract

The credit rating agencies in the sphere of international finance and the global economy in general perform an important information function. Nevertheless, their activity has been largely discredited recently due to the big number of internal and external factors. Without claiming to solve all the problems of credit rating agencies, this paper provides recommendations on improving the methodology of credit rating agencies based on the stock markets information.

• Item Type: MPRA Paper
• Language: English
• Keywords: credit rating agency, credit rating, stock market, financial markets.
• Subjects: G - Financial Economics > G1 - General Financial Markets > G10 - General; G - Financial Economics > G1 - General Financial Markets > G14 - Information and Market Efficiency ; Event Studies ; Insider Trading

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