Why performativity limits credit rating reform
The 2008 crisis made clear that credit rating agencies (CRAs) can contribute to systemic financial risk. Surprisingly, post-crisis reforms have hardly addressed the underlying problems, including rating agencies' methodologies, their ratings' homogeneity, and widespread market reliance on...
|Published in:||Finance and society 5(2019), 1, Seite 20-41|
|Authors and Corporations:|
|Type of Resource:||E-Book Component Part|
: Finance and society, 5(2019), 1, Seite 20-41