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Can I read AAA Ratings: Global vs. National Insights on EtoBox?

AAA Ratings: Global vs. National Insights by anuj is a document available to read on EtoBox.

What is AAA Ratings: Global vs. National Insights about?

The document discusses the differences between global and national credit rating scales. Global scales allow for comparison of credit risk across countries but cluster companies within a country around the sovereign rating. National scales provide more granularity by rating companies relative to peers within a country. Directly comparing ratings between the scales is incorrect, as they serve different purposes and benchmark companies differently. The quality of ratings is better measured by default rates ov

Author
anuj
Language
EN