Private Ratings, Public Regulations

Credit Rating Agencies and Global Financial Governance
2011. Auflage 2011
ISBN: 978-0-230-28223-0
Verlag: Palgrave MacMillan UK

Buch, Englisch, 205 Seiten, Format (B × H): 145 mm x 218 mm, Gewicht: 454 g

Reihe: Transformations of the State

Credit rating agencies play a powerful and contentious role in the governance of global financial markets. Introducing an original framework for delegating political authority to private actors, this book explains common trends in the regulatory use of private ratings for public purposes and analyzes regulatory changes after the Financial Crisis.

Zielgruppe

Research

Autoren/Hrsg.

Kruck, A.

Inhaltsverzeichnis

Introduction: Private Ratings and Public Purposes The Regulatory Use of Credit Ratings: Overview and Conceptualization The Theoretical Model: An Embedded Resource Dependence View on Delegation Explaining Trend and Variation in the Regulatory Use of Credit Ratings Making Sense of the Role of External Ratings in Basel II Conclusion and Outlook: After the Crisis Notes References

Über Autor(innen)

ANDREAS KRUCK is Teaching and Research Associate in International Relations and Global Governance at Ludwig-Maximilians-University Munich, Germany. His research interests include global governance, private actors in world politics and international political economy.