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Public Credit Rating Agencies : Increasing Capital Investment and Lending Stability in Volatile Markets / by Susan K Schroeder

Publisher	(New York : Palgrave Macmillan US : Imprint: Palgrave Macmillan)
Year	2015
Edition	1st ed. 2015.
Authors	*Schroeder, Susan K author SpringerLink (Online service)

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Links to the text	Location	Volume	Call No.	Barcode No.	Status	Comments	ISBN	Printed	Restriction	Reserve
Links to the text	Library Off-campus access			OB00197392		Springer eBooks Economics and Finance (電子ブック)	9781137359117

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Material Type	E-Book
Media type	機械可読データファイル
Size	XIII, 196 p : online resource
Notes	In the aftermath of the Global Financial Crisis, there have been many criticisms weighed against private credit rating agencies. Many claim they only exacerbate financial market volatility by issuing faulty public statements, ratings warnings, and downgrades. This instability increases the uncertainty in business environments and weakens the pace of business investment. Their rating changes also prompt national governments to reduce their spending at a time when fiscal expenditures are crucial for economic recovery. Public Credit Rating Agencies argues for the creation of national public credit rating agencies, offering the first in-depth discussion of their implied role and function operating alongside private agencies. Schroeder provides an up-to-date overview of the ratings industry and the government bodies that monitor its activities. She suggests that the proper implementation of public credit rating agencies will promote the stability of lending, further development and adaptation of new technology, and increase labor productivity and the profitability of new investment in businesses. Finally, this book clarifies the inconsistencies that have surfaced between public budgeting and a rating agency's evaluation of national budgets. HTTP:URL=https://doi.org/10.1057/9781137359117
Subjects	LCSH:Financial risk management LCSH:Finance LCSH:Economic policy LCSH:Business enterprises -- Finance All Subject Search LCSH:Finance, Public LCSH:Financial services industry FREE:Risk Management FREE:Financial Economics FREE:Economic Policy FREE:Corporate Finance FREE:Public Finance FREE:Financial Services
Classification	LCC:HD61 DC23:658,155
ID	8000096398
ISBN	9781137359117