Report on rating agencies


1) Subject: Corporate Finance

Did Credit Rating Agencies do good work?

Evidence from the last financial crisis

The question sometimes occurs as to why potential issuer would be eager to pay rating agencies tens of thousands of dollars to receive rating, especially given possibility that resulting rating could be less favourable than expected. Describe this issue in the report illustrating how last financial crisis shed light on credibility of Credit Rating Agency. This is good place to keep in mind the pervasive nature of agency costs and indicate a real-world example of their effects on firm value. You may also desire to utilize this issue to explain some of the consequences of information asymmetries in financial markets. This report must refer to reasons, for credit crunch (the last financial crisis 2007-2009) and its implications on Qatar’ economy.

i) The report must not be more than 2000 words, and have the abstract (no more than 400 words).

ii) Also explain how rating agencies (e.g. American Agency: Standard & Poor's) do rating.

Requirements
Min Pages: 7

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Finance Basics: Report on rating agencies
Reference No:- TGS014787

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