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The Power of Rating Companies
Credit Rating Agencies express “opinions” on the capacity of companies, local actors such as municipalities or governments to honor their debts. They act as “reputational intermediaries” and their...
View ArticleForecasting as Business
Forecasting is a flourishing business. Consultants, experts, academics, intellectuals are on the global market of predictions. They are consulted by governmental agencies as well as by private...
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Regulating Credit Rating Agencies (a historical perspective)
FOCUS 1.1 MISE EN PERSPECTIVE AVEC LES ÉVOLUTIONS RÉGLEMENTAIRES 1. Un premier recours aux notations en pleine dépression des années 1930 - 11 Septembre 1931 : 1ère réglementation intégrant...
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