Rating-based regulation and investors' overrealiance : quo vadis?

The purpose of this thesis is to investigate into the phenomenon of over-reliance on external credit ratings by investors and market participants. This phenomenon is traced back to the hardwiring of the credit ratings into legislation. In this context, the investigation has a broad scope in that it...

Full description

Bibliographic Details
Main Author: De Pascalis, Francesco
Published: School of Advanced Study, University of London 2015
Subjects:
Law
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.681024