Original title: Rating zemi
Translated title: Sovereign country rating
Authors: Németh, Márian ; Jílek, Josef (advisor) ; Halás, Vladimír (referee)
Document type: Master’s theses
Year: 2007
Language: slo
Publisher: Vysoká škola ekonomická v Praze
Abstract: Sovereign rating has become a topic of major concern for the international financial community over the last two decades. This paper models ratings as combination of two factors ? hard and soft factors. Economical factors are the hard factors whit there statistical background. The political factors are the soft ones. It is very disturbing that the soft factors are playing a major roll in the rating agencies analysis. I found out that there isn?t any problems with the economical factors in the sovereign rating process, but in the case of political factors there are some major problems. Questionnaires and subjective answers in them may cause a falls sovereign rating process result. The cooperation between the regulative organs and the rating agencies may result in the future the losing of creditability for the sovereign country rating. Another concern is the lack of competition on the rating market with only two global rating agencies occupying 80 % of the entire market. These fakts are calling for a change in the sovereign rating markets.

Institution: University of Economics, Prague (web)
Document availability information: Available in the digital repository of the University of Economics, Prague.
Original record: http://www.vse.cz/vskp/eid/1520

Permalink: http://www.nusl.cz/ntk/nusl-883


The record appears in these collections:
Universities and colleges > Public universities > University of Economics, Prague
Academic theses (ETDs) > Master’s theses