Credit Rating

Author: Hong Mei
Publisher:
Publish Date: 2006-07-01
Features: The credit rating system has been operating in Europe and America for nearly a century. Credit rating agencies have gained recognition from all participants in the capital market with their objectivity, fairness, independence, and professionalism, and their status in the international capital market has become increasingly important. Based on the explanation of the basic principles of credit rating, this book introduces industrial and commercial enterprise ratings, financial institution ratings, security ratings, government ratings, and personal credit ratings according to different rating subjects. It alsos the relationship between credit rating and the social credit system, explains the basic framework of credit rating laws and regulations in Europe, America, and some developing countries, introduces the supervision of credit rating by governments and some international organizations, and analyzes the historical evolution, current status, and future development trends of China's credit rating industry.