Viewcontent.cgi?article=1350&context=business_pubs&sei-redir=1&referer=http%3A%2F%2Fwww.google.fr%2Furl%3Fsa%3Dt%26rct%3Dj%26q%3DForecasting%2Bcredit%2Bratings%2Busing%2Ban%2BANN%2Band%2Bstatistical%2Btechniques%26source%3Dweb%26cd%3D1%26ved%3D0CCoQFjAA%2. De lanalyste au comité de notation, le travail des agences de A à Z. Notation financière. Un article de Wikipédia, l'encyclopédie libre. La notation financière externe ou notation de la dette ou rating (dans le monde anglo-saxon) est l'appréciation, par une agence de notation financière, du risque de solvabilité financière : La notation financière constitue, pour les investisseurs, un critère clé dans l’estimation du risque qu’un investissement comporte, particulièrement dans le cadre de marchés financiers de plus en plus globaux qui rendent difficile la maîtrise de l’information et donc de tous les paramètres de risque.
C'est même un des critères obligatoires pour les emprunteurs institutionnels (fonds de pension, collectivités territoriales, etc.) dont les statuts précisent un niveau de notation minimal pour leurs investissements. L’analyse financière nécessaire et l'attribution de notes sont confiées à des agences de notation financière. Notation des États du monde[modifier | modifier le code] Notation financière des états du monde selon Standard & Poor's en 2011. Rating Banks In Emerging Markets: What Credit Rating Agencies Should Learn From Financial Indicators by Liliana Rojas-Suarez. Center for Global Development Institute for International Economics Working Paper No. 01-06 Abstract: The rating agencies' and bank supervisors' records of prompt identification of banking problems in emerging markets has not been satisfactory. This paper suggests that such deficiencies could be explained by the use of financial indicators that, while appropriate for industrial countries, do not work in emerging markets.
Among the conclusions, this paper shows that the most commonly used indicator of banking problems in industrial countries, the capital-to-asset ratio, has performed poorly as an indicator of banking problems in Latin America and East Asia. In spite of these problems, an appropriate set of indicators for banking problems in emerging markets can be constructed. Number of Pages in PDF File: 29 working papers series Suggested Citation Rojas-Suarez, Liliana, Rating Banks In Emerging Markets: What Credit Rating Agencies Should Learn From Financial Indicators.
Relationship Rating: How Do Bond Rating Agencies Process Information? by Alexander Butler, Kimberly Cornaggia. Alexander W. Butler Rice University - Jesse H. Jones Graduate School of Business Kimberly Rodgers Cornaggia American University - Kogod School of BusinessFebruary 22, 2012 Abstract: The level of interaction between bond rating agencies and firms they rate varies substantially cross-sectionally. Number of Pages in PDF File: 37 Keywords: Solicited bond rating, information production JEL Classification: G14, G20, G24, G32, D80 working papers series Suggested Citation Butler, Alexander W. and Cornaggia, Kimberly Rodgers, Rating Through the Relationship: Soft Information and Credit Ratings (February 22, 2012). Agences de notation : mode d'emploi. A Comparison of Bond Ratings from Moody's S&P and Fitch IBCA - Jewell - 2002 - Financial Markets, Institutions & Instruments.