Do the various regulatory uses of credit ratings make sense? Why or why not?

60.1K

Verified Solution

Question

Finance

Do the various regulatory uses of credit ratings make sense? Whyor why not?

Answer & Explanation Solved by verified expert
4.1 Ratings (579 Votes)
Credit rating is an assessment of the creditworthiness of a borrower in general terms or with respect to a particular debt or financial obligation When an entity seeks to borrow money it would seek to get a credit rating and based on its rating interest component on such debt issuance can be influenced Standard Poors Moodys and Fitch are major global players in the credit rating businessThey control approximately 95 of the ratings business    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

Do the various regulatory uses of credit ratings make sense? Whyor why not?

Other questions asked by students