Systemic and Reputational Risk in the Activities of Rating Agencies
This article contains an analysis of the impact channels through which credit rating agencies may affect systemic risk, while raising the research question of whether reputational risk is a sufficient mechanism for disciplining credit rating agencies and motivating them to care for the high quality...
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Format: | Article |
Language: | English |
Published: |
Collegium of Economic Analysis, SGH Warsaw School of Economics
2019-06-01
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Series: | Gospodarka Narodowa. The Polish Journal of Economics |
Subjects: | |
Online Access: | http://www.journalssystem.com/gna/,108611,0,2.html |