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"This book provides a detail exposition of credit rating agency industry with a global emphasis. The coverage of non-US credit agencies and their respective markets is excellent." --Kam C. Chan, Western Kentucky University
"Mattarocci's interesting monograph provides new insights into the workings of the ratings industry by exploring the agencies' business models, organisational structures and, most importantly, their independence." --Sandra Einig, Oxford Brookes University
"Rating agencies play an important role in modern finance. Mattarocci is the first to provide a comprehensive overview of the business model of rating agencies. This knowledge is crucial in understanding the recent financial crisis as well as the current regulatory regime." --Peter Posch, University of Ulm
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Book Description Gebunden. Condition: New. Focuses on the institutional and regulatory dynamics of these agencies, asking whether their business models give them enough independence to make viable judgments without risking their own profitability. This book reports on one of the key causes of the 20. Seller Inventory # 5891347