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Now That We Have Found Bias, What Are We Going to Do with It?
| Content Provider | Semantic Scholar |
|---|---|
| Author | Tennant, David F. Tracey, Marlon R. |
| Copyright Year | 2016 |
| Abstract | Having provided strong evidence of bias against poor countries in the big-three’s sovereign debt ratings, we conclude the book by asking— What are we going to do with this finding? With an acknowledged bias towards action, we use the discourse in the literature on the causes of bias in credit ratings to guide our suggestions on how to address the bias that we have evidenced. The studies reviewed strongly indicate that problems with the quantity and quality of information received from poor country governments, and issues with how that information is perceived or interpreted by the CRAs both contribute to the bias against poor countries. We thus conclude the book by suggesting a few ways that these issues should be addressed. We suggest actions for poor country governments, regulators and the credit rating agencies. |
| Starting Page | 103 |
| Ending Page | 114 |
| Page Count | 12 |
| File Format | PDF HTM / HTML |
| DOI | 10.1057/9781137391506_7 |
| Alternate Webpage(s) | https://page-one.springer.com/pdf/preview/10.1057/9781137391506_7 |
| Alternate Webpage(s) | https://doi.org/10.1057/9781137391506_7 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
