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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Bibliographic Details
Main Author: Daniel Karl Hartmann
Other Authors: Richard Wayne Carney
Format: Theses and Dissertations
Published: 2014
Subjects:
Online Access:http://hdl.handle.net/10356/57447
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Institution: Nanyang Technological University
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spelling 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
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
topic DRNTU::Humanities
spellingShingle 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.
description 51 p.
author2 Richard Wayne Carney
author_facet Richard Wayne Carney
Daniel Karl Hartmann
format Theses and Dissertations
author Daniel Karl Hartmann
author_sort 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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