Why do ratings differ? - a political economy approach to explain the difference in corporate ratings issued by global rating agencies and national rating agencies.
51 p.
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sg-ntu-dr.10356-574472020-11-01T08:24:12Z Why do ratings differ? - a political economy approach to explain the difference in corporate ratings issued by global rating agencies and national rating agencies. Daniel Karl Hartmann Richard Wayne Carney S. Rajaratnam School of International Studies DRNTU::Humanities 51 p. In this paper I provide a theoretical framework explaining why corporate ratings issued by global credit rating agencies differ from those issued by national credit rating agencies. I particularly focus on methodological differences between Japanese rating agencies and the "Big Three" global rating agencies and on implications for Chinese corporate ratings. Drawing on the political economy concept "varieties of capitalism" I argue that corporate ratings differ due to the usage of distinct rating methodologies that are ultimately determined by varying corporate ownership structures of both the global and the national rating agencies' home countries. Master of Science (International Political Economy) 2014-04-07T10:34:41Z 2014-04-07T10:34:41Z 2011 2011 Thesis http://hdl.handle.net/10356/57447 Nanyang Technological University application/pdf |
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DRNTU::Humanities Daniel Karl Hartmann Why do ratings differ? - a political economy approach to explain the difference in corporate ratings issued by global rating agencies and national rating agencies. |
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51 p. |
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Richard Wayne Carney |
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Richard Wayne Carney Daniel Karl Hartmann |
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Theses and Dissertations |
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Daniel Karl Hartmann |
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Daniel Karl Hartmann |
title |
Why do ratings differ? - a political economy approach to explain the difference in corporate ratings issued by global rating agencies and national rating agencies. |
title_short |
Why do ratings differ? - a political economy approach to explain the difference in corporate ratings issued by global rating agencies and national rating agencies. |
title_full |
Why do ratings differ? - a political economy approach to explain the difference in corporate ratings issued by global rating agencies and national rating agencies. |
title_fullStr |
Why do ratings differ? - a political economy approach to explain the difference in corporate ratings issued by global rating agencies and national rating agencies. |
title_full_unstemmed |
Why do ratings differ? - a political economy approach to explain the difference in corporate ratings issued by global rating agencies and national rating agencies. |
title_sort |
why do ratings differ? - a political economy approach to explain the difference in corporate ratings issued by global rating agencies and national rating agencies. |
publishDate |
2014 |
url |
http://hdl.handle.net/10356/57447 |
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1683493844258127872 |