Qualitative indicators (soft-facts) in internal rating systems

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Qualitative indicators (soft-facts) in internal rating systems

Popis výsledku v původním jazyce

The article builds on last year's work, which compared internal rating systems of three banks from the German-speaking region. This year's paper deals in detail with the analysis of qualitative indicators (soft - facts), which is one of the two main components of rating systems of banking clients. The qualitative indicators (soft - facts) have different wage in the considered rating systems, although in all of them the wage is lower than 50% and / or the ability of soft-facts to change the overall rating score is limited. On the other hand, in all cases the importance of qualitative factors is significant enough to pay attention to them. The research is focused on the rating of business entities, more precisely the corporate, (especially limited liability companies or joint-stock companies). It does not deal with the rating of natural persons or non-profit organizations, municipalities etc. The procedure of collecting empirical data as well as data from relevant literature, their assessment according to the criteria of verifiability and relevance and the application of the induction method was used and a generalization of conclusions was subsequently made. The result of the research shows that two categories of qualitative indicators (soft - facts) are present in all considered rating systems: (i) quality of company’s management and / or strategy and (ii) market, where the evaluated company is present. Another regularly present qualitative indicator is (iii) accounting or related indicators like information system or audit quality. On the other hand, the use of the factor (iv) relationship with the bank (or similar) is quite different across the surveyed rating systems. The roles of members of staff in making of the rating are also mentioned.

Název v anglickém jazyce

Qualitative indicators (soft-facts) in internal rating systems

Popis výsledku anglicky

The article builds on last year's work, which compared internal rating systems of three banks from the German-speaking region. This year's paper deals in detail with the analysis of qualitative indicators (soft - facts), which is one of the two main components of rating systems of banking clients. The qualitative indicators (soft - facts) have different wage in the considered rating systems, although in all of them the wage is lower than 50% and / or the ability of soft-facts to change the overall rating score is limited. On the other hand, in all cases the importance of qualitative factors is significant enough to pay attention to them. The research is focused on the rating of business entities, more precisely the corporate, (especially limited liability companies or joint-stock companies). It does not deal with the rating of natural persons or non-profit organizations, municipalities etc. The procedure of collecting empirical data as well as data from relevant literature, their assessment according to the criteria of verifiability and relevance and the application of the induction method was used and a generalization of conclusions was subsequently made. The result of the research shows that two categories of qualitative indicators (soft - facts) are present in all considered rating systems: (i) quality of company’s management and / or strategy and (ii) market, where the evaluated company is present. Another regularly present qualitative indicator is (iii) accounting or related indicators like information system or audit quality. On the other hand, the use of the factor (iv) relationship with the bank (or similar) is quite different across the surveyed rating systems. The roles of members of staff in making of the rating are also mentioned.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50206 - Finance

Projekt

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Návaznosti

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Rok uplatnění

2018

Kód důvěrnosti údajů

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

Název statě ve sborníku

European Financial Systems 2018. Proceedings of the 15 th International Scientific Conference

ISBN

978-80-210-8980-8

ISSN

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e-ISSN

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Počet stran výsledku

8

Strana od-do

725-732

Název nakladatele

Masarykova univerzita

Místo vydání

Brno

Místo konání akce

Brno

Datum konání akce

1. 1. 2018

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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