What is ‘Ratings Service’
A company, such as Moody’s or Standard & Poor’s, that rates various debt and preferred stock issues for safety of payment of principal, interest, or dividends.
Explaining ‘Ratings Service’
Ratings range from AAA or Aaa (the highest) to C or D, which represents a company that has already defaulted.
Further Reading
- A multivariate analysis of the determinants of Moody's bank financial strength ratings – www.sciencedirect.com [PDF]
- Performance rating and yardstick competition in social service provision – www.sciencedirect.com [PDF]
- Are credit ratings valuable information? – www.tandfonline.com [PDF]
- Combining bond rating forecasts using logit – onlinelibrary.wiley.com [PDF]
- A problem of discrete choice: Moody's municipal bond ratings – www.sciencedirect.com [PDF]
- Sovereign credit ratings – papers.ssrn.com [PDF]
- Statistical analysis of municipal bond ratings under spatial correlation – www.tandfonline.com [PDF]
- Announcement effects of Moody's bond rating changes on equity returns – www.jstor.org [PDF]
- Bond ratings, bond yields and financial regulation: some findings – www.journals.uchicago.edu [PDF]
