Disconnects
Daniel Cash ()
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Daniel Cash: Aston University
Chapter Chapter 4 in The Role of Credit Rating Agencies in Responsible Finance, 2018, pp 75-98 from Palgrave Macmillan
Abstract:
Abstract As the analytical foundation has been set in the first two chapters, this chapter now begins to pose critical questions regarding the relationship between the three parties. In examining the ‘disconnects’, the chapter assesses the power dynamic that exists amongst the three parties, and questions the stated ‘disconnects’ as identified by the Initiative in their second major report on the relationship. The aim of the chapter is to assess which of these ‘disconnects’ are fundamental, and which are the products of an off-balanced power dynamic that exists almost naturally within the CRA–Investor dynamic.
Keywords: Institutional investors; Investment practice; Credit rating agencies; CRA–Investor relationship; Dispersed ownership (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psifcp:978-3-030-03709-3_4
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DOI: 10.1007/978-3-030-03709-3_4
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