The nature of risk: Credit agencies and light regulation – building a market code
Martin O’Donovan
(Technical Officer with the Association of Corporate Treasurers (modonovan@treasurers.co.uk).)
5012
Abstract
The author, a technical officer at the Association of Corporate Treasurers, describes the growth in the power of the rating agencies and explains the background and content of the new code which has been proposed to cover their activities in both the UK and the US.
Keywords
Citation
O’Donovan, M. (2004), "The nature of risk: Credit agencies and light regulation – building a market code", Balance Sheet, Vol. 12 No. 5, pp. 38-41. https://doi.org/10.1108/09657960410563577
Publisher
:Emerald Group Publishing Limited
Copyright © 2004, Emerald Group Publishing Limited