Sovereign Ceilings 'Lite'? : The Impact of Sovereign Ratings on Corporate Ratings in Emerging Market Economies /

Although credit rating agencies have gradually moved away from a policy of never rating a private borrower above the sovereign (the "sovereign ceiling") it appears that sovereign ratings remain a significant determinant of the credit rating assigned to corporations. We examine this link us...

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书目详细资料
主要作者: Borensztein, Eduardo
其他作者: Cowan, Kevin, Valenzuela, Patricio
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2007.
丛编:IMF Working Papers; Working Paper ; No. 2007/075
在线阅读:Full text available on IMF

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