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Cover image for book Private Ratings, Public Regulations

Private Ratings, Public Regulations

Credit Rating Agencies and Global Financial Governance
By:A. Kruck
Publisher:Springer Nature
Print ISBN:9780230282230
eText ISBN:9780230307384
Edition:0
Copyright:2011
Format:Page Fidelity

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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.