Essays about: "rating agencies"

Showing result 16 - 20 of 60 essays containing the words rating agencies.

  1. 16. Sustainability Indices and ESG-ratings, the Impact on Corporate Sustainability : a case study using the perspective of a fast-growing Swedish bank

    University essay from SLU/Dept. of Economics

    Author : Sofia Magnér; [2020]
    Keywords : corporate sustainability; CSR; CSV; indices; Ratings; standards; sustainable development;

    Abstract : The sustainability indices and ratings have expanded over the past decade. Due to the growing perception of social responsibility and environmental issues, measurement of the non-financial performance of corporations has become essential and pressure from stakeholders has resulted in new business strategies. READ MORE

  3. 17. Rating Objectivity: The Confusions in Nordic ESG Ratings : ESG Ratings Subjectivity and its Consequences

    University essay from

    Author : John Rydholm; Samuel Schultzberg Bagge; [2020]
    Keywords : ESG; CSR; Ratings; Rating agencies; MSCI; Thomson Reuters; Sustainalytics; RobecoSAM;

    Abstract : Environmental, Social and Governance measurements have significantly increased in usage due to growing concerns for environmental and sustainability problems in today’s world. However, with no commonly agreed-upon criteria for ESG ratings, the scoring measure creates confusion both at the investor and company level. READ MORE

  4. 18. How much new information does a credit rating announcement convey to the financial markets? : A comparison before and after the 2008 global financial crisis

    University essay from Linnéuniversitetet/Institutionen för nationalekonomi och statistik (NS)

    Author : Simon Otterberg; August Zetterberg; [2020]
    Keywords : Event study; finance; credit rating; credit rating agency; information content; stock market;

    Abstract : Background: The credit rating agencies have been heavily contested and criticized. In addition to this, other informational sources may potentially deliver the information that the CRA is intended to provide. This may have changed their role in reducing information asymmetry in the financial market. READ MORE

  5. 19. Time Series Variation in Corporate Credit Rating Standards from 1986 to 2017

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Jason Gans; [2019]
    Keywords : Credit Rating Agencies; Ratings Conservatism; Standard Poor s;

    Abstract : The average rating of US Corporate debt has trended downward since the mid-80s. Existing research [Blume et al (1998), Baghai et al (2014)] argues that this trend was caused by an increase in conservatism on the part of rating agencies. When holding firm characteristics constant, ratings appear to deteriorate from the period between 1985 and 2007. READ MORE

  6. 20. Understanding Credit Ratings and their Drivers: An Empirical Study of U.S.-based Corporations

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Simon Törnmalm; [2019]
    Keywords : Credit ratings; drivers; credit rating agencies; targeting credit ratings; Business and Economics;

    Abstract : This text sets out to examine what the general quantitative drivers of corporate credit ratings are. The result from an OLS regression identifies the following drivers: sales, the size of EBITDA in relation to debt, profitability, and interest coverage. When comparing the ratings from the agencies on a stand-alone basis, there are some differences. READ MORE