摘要
虚高评级是评级机构最受诟病的恶行之一。正是它造成高风险的结构金融产品市场的过度发展,并最终崩溃,引发全球金融危机。文章对虚高评级背后的原因做了比较全面的剖析,认为是多因素综合作用的结果。在此基础上,探讨了治理虚高评级的对策。
Rating inflation is one of the most criticized evil of the rating agencies.It leads tothe over-development and ultimate collapse of the structured financial products market,thereby triggering a global financial crisis.This paper gives a comprehensive analysis of reasons behind it and concludes that it is the result of multiple factors.Based on this,countermeasures are put forward.
出处
《当代经济管理》
2013年第5期73-77,共5页
Contemporary Economic Management
关键词
评级机构
虚高评级
金融危机
credit rating agency
rating inflation
financial crisis
