The thesis deals with the rating agencies as the significant and influential subjects on the financial markets. The main aim of the thesis is a description of rating, especially sovereign rating and its impact in international investment environment. The thesis also focuses on individual approaches of agencies in the rating process as well as distinctive legislative framework and efforts to change the regulation of agencies since 2007. The thesis is divided into four chapters. The first chapter deals with the definition and specification of rating and its alternatives. The second chapter deals with the rating agencies as the specific entities, their oligopolistic market position and criteria for awarding rating marks. The third chapter specifies the legislative measures relating to credit rating agencies and the major post-crisis changes. Lastly, the fourth chapter analyzes sovereign rating and its importance in the process of international investment.
Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:116332 |
Date | January 2012 |
Creators | Balážová, Martina |
Contributors | Blahová, Naděžda, Brada, Jaroslav |
Publisher | Vysoká škola ekonomická v Praze |
Source Sets | Czech ETDs |
Language | Slovak |
Detected Language | English |
Type | info:eu-repo/semantics/masterThesis |
Rights | info:eu-repo/semantics/restrictedAccess |
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