Next Article in Journal
Bayesian Modelling, Monte Carlo Sampling and Capital Allocation of Insurance Risks
Previous Article in Journal
An Integrated Approach to Pricing Catastrophe Reinsurance
 
 
Search for Articles:
Title / Keyword
Author / Affiliation / Email
Journal
Article Type
 
 
Advanced Search
 
Section
Special Issue
Volume
Issue
Number
Page
 
Journals
Risks
Volume 5
Issue 4
10.3390/risks5040052
risks-logo
Submit to this Journal Review for this Journal Propose a Special Issue
► Article Menu

Article Menu

share Share announcement Help format_quote Cite question_answer Discuss in SciProfiles
first_page
settings
Order Article Reprints
Font Type:
Arial Georgia Verdana
Font Size:
Aa Aa Aa
Line Spacing:
Column Width:
Background:
Article

The Impact of Risk Management in Credit Rating Agencies

by
A. Seetharaman
1,*,
Vikas Kumar Sahu
1,
A. S. Saravanan
2,
John Rudolph Raj
3 and
Indu Niranjan
1
1
SP Jain School of Global Management, 10, Hyderabad Road, Singapore 119579, Singapore
2
School of Communication, Taylors University, 57500 Petaling Jaya, Malaysia
3
Faculty of Management, Multimedia University, 63000 Cyberjaya, Malaysia
*
Author to whom correspondence should be addressed.
Risks 2017, 5(4), 52; https://doi.org/10.3390/risks5040052
Submission received: 19 February 2017 / Revised: 8 May 2017 / Accepted: 2 August 2017 / Published: 21 September 2017
Browse Figures
Versions Notes

Abstract

An empirical study was conducted to determine the impact of different types of risk on the performance management of credit rating agencies (CRAs). The different types of risks were classified as operational, market, business, financial, and credit. All these five variables were analysed to ascertain their impact on the performance of CRAs. In addition, apart from identifying the significant variables, the study focused on setting out a structured framework for future research. The five independent variables were tested statistically using structural equation modelling (SEM). The results indicated that market risk, financial risk, and credit risk have a significant impact on the performance of CRAs, whereas operational risk and business risk, though important, do not have a significant influence. This finding has a significant implication for the examination and inter-firm evaluation of CRAs.
Keywords: credit rating financial risk; credit risk; business risk; operational risk; market risk credit rating financial risk; credit risk; business risk; operational risk; market risk

Share and Cite

MDPI and ACS Style

Seetharaman, A.; Kumar Sahu, V.; Saravanan, A.S.; Rudolph Raj, J.; Niranjan, I. The Impact of Risk Management in Credit Rating Agencies. Risks 2017, 5, 52. https://doi.org/10.3390/risks5040052

AMA Style

Seetharaman A, Kumar Sahu V, Saravanan AS, Rudolph Raj J, Niranjan I. The Impact of Risk Management in Credit Rating Agencies. Risks. 2017; 5(4):52. https://doi.org/10.3390/risks5040052

Chicago/Turabian Style

Seetharaman, A., Vikas Kumar Sahu, A. S. Saravanan, John Rudolph Raj, and Indu Niranjan. 2017. "The Impact of Risk Management in Credit Rating Agencies" Risks 5, no. 4: 52. https://doi.org/10.3390/risks5040052

APA Style

Seetharaman, A., Kumar Sahu, V., Saravanan, A. S., Rudolph Raj, J., & Niranjan, I. (2017). The Impact of Risk Management in Credit Rating Agencies. Risks, 5(4), 52. https://doi.org/10.3390/risks5040052

Note that from the first issue of 2016, this journal uses article numbers instead of page numbers. See further details here.

Article Metrics

Back to TopTop