Palgrave Studies in Impact Finance
cover

The Role of Credit Rating Agencies in Responsible Finance

Authors: Cash, Daniel

  • Examines the recent entrance of the Credit Rating Agencies into the field of Sustainable Finance
  • Investigates the validity of Credit Rating Agencies in the Impact Investing field, and the potential future for the movement
  • Assesses the proposed use of Financial Gatekeepers into the field
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eBook 46,00 €
price for Spain (gross)
  • ISBN 978-3-030-03709-3
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
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  • Immediate eBook download after purchase
  • Institutional customers should get in touch with their account manager
Hardcover 57,19 €
price for Spain (gross)
About this book

This Palgrave Pivot aims to examine the bourgeoning relationship between the Principles for Responsible Investment and the Credit Rating Industry. Since May of 2016, when the partnership was initially publicised, the PRI have endeavoured to incorporate Credit Rating Agencies into its initiative via its ‘ESG in Credit Ratings Initiative’, and have been working diligently to find, and create common ground between Credit Rating Agencies and Institutional Investors seeking to be more forward-looking in their investment approaches. However, in recent years the ‘Big Two’ Credit Rating Agencies – Standard & Poor’s and Moody’s – have finally received record fines for their conduct in the run-up to the Financial Crisis. There is a need, then, to examine the incorporation of the Credit Rating Agencies into such a progressive initiative. To achieve this objective, this book examines the field of ‘responsible investing’, the credit rating industry, and the power dynamic that exists between the rating industry, investors, and the PRI (via its ‘Initiative’). 


About the authors

Daniel Cash is a Lecturer in Law at Aston University. Daniel completed his PhD in Durham University in 2016, and his research is exclusively concerned with the Credit Rating Industry. He has written extensively on the subject, and is the author of a number of articles and Regulation and the Credit Rating Agencies: Restraining Ancillary Services




Table of contents (6 chapters)

Table of contents (6 chapters)
  • Introduction

    Pages 1-5

    Cash, Daniel

  • “Setting the Scene”

    Pages 7-43

    Cash, Daniel

  • The Role of the Credit Rating Agencies

    Pages 45-74

    Cash, Daniel

  • “Disconnects”

    Pages 75-98

    Cash, Daniel

  • The Future for the Relationship

    Pages 99-118

    Cash, Daniel

Buy this book

eBook 46,00 €
price for Spain (gross)
  • ISBN 978-3-030-03709-3
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
  • Institutional customers should get in touch with their account manager
Hardcover 57,19 €
price for Spain (gross)

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Bibliographic Information

Bibliographic Information
Book Title
The Role of Credit Rating Agencies in Responsible Finance
Authors
Series Title
Palgrave Studies in Impact Finance
Copyright
2018
Publisher
Palgrave Pivot
Copyright Holder
The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG
eBook ISBN
978-3-030-03709-3
DOI
10.1007/978-3-030-03709-3
Hardcover ISBN
978-3-030-03708-6
Series ISSN
2662-5105
Edition Number
1
Number of Pages
X, 127
Number of Illustrations
1 b/w illustrations
Topics