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Rating agencies on financial market

Date added: 2015-07-01
Type: Article
Languages: English

Author / authors

Łukasz Bakuła

Łukasz Bakuła

Economics

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Abstract

The article deals with genesis of rating agencies, their development and influence on the state of the local economy. This knowledge is crucial while conducting financial operations on any market. The article treats also about the most important issues related to the rating agencies. Article researches historical data based on financial reports published by Polish financial institutions. Conclusions of this research will help to understand the significance of rating agencies acting on financial markets, to judge rules of their operations and the quality of delivered ratings.

Keywords / Tags

Key words: rating agencies, securities, investment risk

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