Banks' Credit Ratings - Domestic and Foreign Notes

• Autorzy: Patrycja Chodnicka-Jaworska

Warianty tytułu

Credit ratingi banków - noty dotyczące zobowiązań w walucie krajowej i zagranicznej

• Języki publikacji: EN

Abstrakty

EN

The aim of the paper is to analyse the differences between foreign and domestic notes given to banks by credit rating agencies. Following a literature review, the following hypothesis was proposed: Financial indicators have a stronger impact on the credit ratings of domestic rather than of foreign banks. The hypothesis was verified using panel ordered probit models. The analysis was based on European banks' long-term issuer credit ratings given by S&P, Fitch and Moody between 2000 and 2015. (original abstract)

Celem artykułu jest analiza różnic w notach dotyczących zobowiązań wyrażonych w walucie krajowej i zagranicznej. Przeprowadzono badania literaturowe i postawiono następującą hipotezę badawczą: wskaźniki finansowe silniej wpływają na credit rating banku dotyczący zobowiązań w walucie krajowej niż zagranicznej. Hipoteza została zweryfikowana z użyciem panelowych uproszczonych modeli probitowych. Analiza została przygotowana dla długoterminowych ratingów emitenta europejskich banków, które zostały nadane przez S&P, Fitch i Moody w latach 2000-2015. (abstrakt oryginalny)

Słowa kluczowe

EN

Credit rating; Financial indicators; Banking sector

PL

Ocena zdolności kredytowej; Wskaźniki finansowe; Sektor bankowy

• Czasopismo: Argumenta Oeconomica Cracoviensia
• Rocznik: 2018
• Numer: no 18
• Strony: 99--113

Twórcy

autor

Patrycja Chodnicka-Jaworska

• University of Warsaw, Poland

Bibliografia

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Identyfikatory

DOI

10.15678/AOC.2018.1806