This article explores the role played by the Credit Rating Agencies (CRAs) in the recent financial crises, providing information and data related to their main activities and procedures. The articles also presents information on the methodologies used to develop credit ratings and highlights some key criticisms related to such activities. Starting from these considerations, the article subsequently discusses several limitations and critical situations related to the organizational and operative structures adopted by the CRAs, particularly focusing on the following topics: integrity, conflict of interest, disclosure, quality and transparency. Some feasible solutions are discussed in the last paragraph of the article, alongside some final remarks.

Barnabe', F. (2011). Le Credit Rating Agencies e le modalità di gestione del processo di rating: alcune questioni aperte. RIVISTA ITALIANA DI RAGIONERIA E DI ECONOMIA AZIENDALE, CXI(5-6), 272-286.

Le Credit Rating Agencies e le modalità di gestione del processo di rating: alcune questioni aperte

BARNABE', FEDERICO
2011

Abstract

This article explores the role played by the Credit Rating Agencies (CRAs) in the recent financial crises, providing information and data related to their main activities and procedures. The articles also presents information on the methodologies used to develop credit ratings and highlights some key criticisms related to such activities. Starting from these considerations, the article subsequently discusses several limitations and critical situations related to the organizational and operative structures adopted by the CRAs, particularly focusing on the following topics: integrity, conflict of interest, disclosure, quality and transparency. Some feasible solutions are discussed in the last paragraph of the article, alongside some final remarks.
Barnabe', F. (2011). Le Credit Rating Agencies e le modalità di gestione del processo di rating: alcune questioni aperte. RIVISTA ITALIANA DI RAGIONERIA E DI ECONOMIA AZIENDALE, CXI(5-6), 272-286.
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11365/35580
 Attenzione

Attenzione! I dati visualizzati non sono stati sottoposti a validazione da parte dell'ateneo