A look at the trustworthiness of a rating from a recognized and globally established rating agency with respect to capital markets.
Written in 2006; 1,948 words; 6 sources; MLA; $ 62.95
Paper Summary:
This paper reviews three of the more prominent rating agencies who are globally recognized and who assist issuers in entering capital markets more economically and at frequent levels. These three rating agencies work in all countries that utilize the universal rating scale.
This paper also takes a look at the history of rating agencies and how their findings influenced major business decisions.
From the Paper:
"Three prominent credit rating agencies are widely acknowledged globally. They are Moody's Investor Service, Standard & Poor's and Fitch Ratings. They accord domestic and external ratings at the request of borrowers. They are present in almost all the countries having a universal rating scale. The Standard & Poor's rating agency was first instituted by Henry Varnum Poor in 1860 with the guiding principle 'the investor has the right to know'. In the year 1906, Standard Statistics Bureau Company was established to entail the financial information on US companies that in 1916 started to assign debt ratings to corporate and sovereign debt. During 1940 it introduced Municipal bond ratings. (International Credit Rating Agencies)"
We have thousands of high-quality term papers, research papers, essays, book reports and dissertations on every topic. At AcaDemon, you can download those term papers to help you write yours! You can be sure that the term paper, essay, book report or research paper you download are top-quality, competitively priced and high-level work.
This Free Term Paper Abstract is a part of our Term Paper Library.Here you can purchase research papers, examples of essays, academic dissertations, articles, notes, analytical papers, book reports, stories and poems. We have thousands of persuasive, point-of-view, narrative, critical, compare and contrast and other types of essays in our Library. You can also find here Term papers on "Rating Agencies in The International Bonds Market", Essays on "Rating Agencies in The International Bonds Market", Research papers on "Rating Agencies in The International Bonds Market", Student papers on "Rating Agencies in The International Bonds Market", Book reports on "Rating Agencies in The International Bonds Market", Dissertation on "Rating Agencies in The International Bonds Market", Thesis on "Rating Agencies in The International Bonds Market", Summary of paper on "Rating Agencies in The International Bonds Market", Articles written on "Rating Agencies in The International Bonds Market".