Are Bank Ratings Coherent with Bank Default Probabilities in Emerging Market Economies?
Clicks: 131
ID: 268329
2004
Article Quality & Performance Metrics
Overall Quality
Improving Quality
0.0
/100
Combines engagement data with AI-assessed academic quality
Reader Engagement
Emerging Content
3.3
/100
11 views
11 readers
Trending
AI Quality Assessment
Not analyzed
Abstract
In this paper we investigate the coherence between bank ratings and default probability in emerging market economies using scoring and mapping techniques. In order to achieve its disciplining role, the rating should be coherent with the default risk it summarizes and disseminate. This issue is particularly crucial in emerging economies where under-developed financial markets, banking sector accrued opacity, and inadequate regulatory, institutional and legal environment affect banker's risk taking behavior and bank's default risk. Scoring results show a correct quantification of agency rating grades and thus their coherence. Mapping results show a tendency of the rating to aggregate bank's default risk information into intermediate low category grades.
Abstract Quality Issue:
This abstract appears to be incomplete or contains metadata (107 words).
Try re-searching for a better abstract.
| Reference Key |
godlewski2004ssrnare
Use this key to autocite in the manuscript while using
SciMatic Manuscript Manager or Thesis Manager
|
|---|---|
| Authors | Christophe J. Godlewski;Christophe J. Godlewski; |
| Journal | SSRN Electronic Journal |
| Year | 2004 |
| DOI |
10.2139/ssrn.588162
|
| URL | |
| Keywords |
Citations
No citations found. To add a citation, contact the admin at info@scimatic.org
Comments
No comments yet. Be the first to comment on this article.