Rating agencies on financial market

• Autorzy: Łukasz Bakuła
• Języki publikacji: EN

Abstrakty

EN

The article deals with genesis of rating agencies, their development and influence on the state of the local economy. This knowledge is crucial while conducting financial operations on any market. The article treats also about the most important issues related to the rating agencies. Article researches historical data based on financial reports published by Polish financial institutions. Conclusions of this research will help to understand the significance of rating agencies acting on financial markets, to judge rules of their operations and the quality of delivered ratings. (original abstract)

Słowa kluczowe

EN

Rating agency; Securities; Investment risk

PL

Agencje ratingowe; Papiery wartościowe; Ryzyko inwestycyjne

• Czasopismo: Acta Innovations
• Rocznik: 2015
• Numer: nr 16
• Strony: 20--28

Twórcy

autor

Łukasz Bakuła

• University of Science and Technology

Bibliografia

• De Laurentis G., Rating interni e credit risk management, Bancaria Editrice, Roma, 2001.
• Dziawgo D., Credit Rating na międzynarodowym rynku finansowym, Polskie Wydawnictwo Ekonomiczne, Warszawa, 2010.
• White L.J., Markets. The Credit Rating Agencies, "Journal of Economic Perspectives", vol.24, nr 2, Spring 2010, pp. 211-226.
• White L.J., The credit rating industry: an industrial organization analysis, [w]: Levich R. M., Majnoni G., Reinhart C., Ratings, rating agencies and the global financial system, Kluwer Academic Publishers, Boston, 2002.