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The Paradox of Credit Ratings
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The Paradox of Credit Ratings (2001)The Paradox of Credit RatingsFirm's Growth and Sustainability: The Role of Institutional Investors in Mitigating the Default Risks of Sukuk and Conventional Bonds (2016)Firm's Growth and Sustainabil…Crime and Punishment (or the Lack Thereof) for Financial Fraud in the Subprime Mortgage Meltdown: Reasons and Remedies for Legal and Ethical Lapses (2014)Crime and Punishment (or the …The Regulation of Credit Rating Agency Across USA and EU: Different Systems, Same Concerns (2013)The Regulation of Credit Rati…Institutional Work and Complicit Decoupling across the U.S. Capital Markets: The Work of Rating Agencies (2013)Institutional Work and Compli…Credit Rating Agencies and Regulatory Reform (2012)Credit Rating Agencies and Re…The Credit Ratings Game (2009)The Credit Ratings GameMarket Segmentation Effects in Corporate Credit Rating Changes: The Case of Emerging Markets (2008)Market Segmentation Effects i…Measurement and Estimation of Credit Migration Matrices (2003)Measurement and Estimation of…Techniques of Neutralization: A Theory of Delinquency (1957)Trust: The Social Virtues and the Creation of Prosperity (1996)The Black Swan: The Impact of the Highly Improbable (2008)Institutionalized Organizations: Formal Structure as Myth and Ceremony (1977)The Iron Cage Revisited: Institutional Isomorphism and Collective Rationality in Organizational Fields (1983)Governing the Commons (1990)Strategic opportunities (and challenges) of algorithmic decision-making: A call for action on the long-term societal effects of ‘datification’ (2015)Institutional Work: Taking Stock and Making It Matter (2017)The Influence of Strategic Disclosure on Corporate Climate Performance Ratings (2022)Measuring security price performance (1980)Event-study methodology under conditions of event-induced variance (1991)The Twin Crises: The Causes of Banking and Balance-of-Payments Problems (1999)Unsolicited Versus Solicited: Credit Ratings and Bond Yields (2012)Credit rating model development: An ordered analysis based on accounting data (2016)HOW DO RATING AGENCIES’ DECISIONS IMPACT STOCK MARKETS? A META‐ANALYSIS (2019)Pricing Derivatives on Financial Securities Subject to Credit Risk (1995)A Markov Model for the Term Structure of Credit Risk Spreads (1997)Rating Banks: Risk and Uncertainty in an Opaque Industry (2002)Estimating Continuous Time Transition Matrices From Discretely Observed Data (2006)Macroeconomic Dynamics and Credit Risk: A Global Perspective (2006)Using the artificial neural network to assess bank credit risk: a case study of Indonesia (2009)The Siskel and Ebert of Financial Markets: Two Thumbs Down for the Credit Rating Agencies (1999)The Credit Rating Industry: An Industrial Organization Analysis (2002)How and Why Credit Rating Agencies Are Not Like Other Gatekeepers (2006)Theory of the Firm (1966)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Separation of Ownership and Control (1983)Rating the raters: Are reputation concerns powerful enough to discipline rating agencies? (2009)The Economics of Structured Finance (2009)The big short: inside the doomsday machine (2010)Regulatory Evolution of the EU Credit Rating Agency Framework (2015)Qualitative Disclosure and Credit Analysts’ Soft Rating Adjustments (2022)A Theory of Incentives in Procurement and Regulation (1993)A theory of incentives in procurement and regulation (1994)Limited attention, information disclosure, and financial reporting (2003)Quality Disclosure and Certification: Theory and Practice (2010)How did increased competition affect credit ratings? (2011)Aggregate Confusion: The Divergence of ESG Ratings (2019)
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Cited by

  • 2009The Credit Ratings Game966 cited
  • 2013Institutional Work and Complicit Decoupling across the U.S. Capital Markets: The Work of Rating Agencies38 cited
  • 2003Measurement and Estimation of Credit Migration Matrices37 cited
  • 2008Market Segmentation Effects in Corporate Credit Rating Changes: The Case of Emerging Markets30 cited
  • 2012Credit Rating Agencies and Regulatory Reform27 cited
  • 2014Crime and Punishment (or the Lack Thereof) for Financial Fraud in the Subprime Mortgage Meltdown: Reasons and Remedies for Legal and Ethical Lapses22 cited
  • 2013The Regulation of Credit Rating Agency Across USA and EU: Different Systems, Same Concerns17 cited
  • 2016Firm's Growth and Sustainability: The Role of Institutional Investors in Mitigating the Default Risks of Sukuk and Conventional Bonds11 cited

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