The Ethics of Credit Rating Agencies: What Happened and the Way Forward

During the short span of a few months in 2008, 14 trillion dollars of highly rated bonds fell into junk status, surprising the global financial system and accelerating an economic decline. The result was the worst fracture of the US financial system since the Great Depression. Credit rating agencies...

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Bibliographic Details
Authors: Scalet, Steven (Author) ; Kelly, Thomas F. (Author)
Format: Electronic Article
Language:English
Check availability: HBZ Gateway
Interlibrary Loan:Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany)
Published: 2012
In: Journal of business ethics
Year: 2012, Volume: 111, Issue: 4, Pages: 477-490
Further subjects:B Corporate Responsibility
B SEC
B credit crisis
B Ethics
B 2008 Subprime meltdown
B Rating bonds
B Business Ethics
B Finance ethics
B Finance
B Securities
B Credit rating agencies (CRAs)
Online Access: Volltext (JSTOR)
Volltext (lizenzpflichtig)