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A study of the effect of the financial crisis of 2008 on the credit rating agency business model

Law, Ailsa
(2018)

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Details

Supervisors
HENRARD, Luc
Faculty
Louvain School of Management
Degree label
Master [120] en sciences de gestion
Abstract
This thesis aims to study the effect of the financial crisis on the credit rating agency business model by starting off with a brief overview of credit rating agencies and their history. Next it analyses the CRA industry before the financial crisis and performs a swot analysis. Afterwards, the CRAs' role in the financial crisis shall be investigated in order to assess the immediate consequences of the financial crisis on the CRAs and the CRA industry today