Interconnectivity among Assessments from Rating Agencies: Using Cluster and Correlation Analysis

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F14%3APU110619" target="_blank" >RIV/00216305:26510/14:PU110619 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.3846/btp.2014.26" target="_blank" >http://dx.doi.org/10.3846/btp.2014.26</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.3846/btp.2014.26" target="_blank" >10.3846/btp.2014.26</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Interconnectivity among Assessments from Rating Agencies: Using Cluster and Correlation Analysis

Popis výsledku v původním jazyce

The aim of this paper is to determine whether there is a dependency among leading rating agencies assessments. Rating agencies are important part of global economy. Great attention has been paid to activities of rating agencies since 2007, when there was a financial crisis. One of the main causes of this crisis was identified credit rating agencies. This paper is focused on an existence of mutual interconnectivity among assessments from three leading rating agencies. The method used for this determines is based on cluster analysis and subsequently correlation analysis and the test of independence. Credit rating assessments of Greece and Spain were chosen to the determination of this mutual interconnectivity due to the fact that these countries are most talked euroarea countries. The significant dependence of the assessment from different rating agencies has been demonstrated.

Název v anglickém jazyce

Interconnectivity among Assessments from Rating Agencies: Using Cluster and Correlation Analysis

Popis výsledku anglicky

The aim of this paper is to determine whether there is a dependency among leading rating agencies assessments. Rating agencies are important part of global economy. Great attention has been paid to activities of rating agencies since 2007, when there was a financial crisis. One of the main causes of this crisis was identified credit rating agencies. This paper is focused on an existence of mutual interconnectivity among assessments from three leading rating agencies. The method used for this determines is based on cluster analysis and subsequently correlation analysis and the test of independence. Credit rating assessments of Greece and Spain were chosen to the determination of this mutual interconnectivity due to the fact that these countries are most talked euroarea countries. The significant dependence of the assessment from different rating agencies has been demonstrated.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50602 - Public administration

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2014

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Business: Theory and Practice

ISSN

1648-0627

e-ISSN

—

Svazek periodika

15

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

LT - Litevská republika

Počet stran výsledku

9

Strana od-do

269-278

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-84925855860