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The quality of credit ratings amid geopolitical risk

Author

Listed:
  • Singhal, Himanshu
  • Verma, Arushi
  • Chakraborty, Madhumita

Abstract

This study examines the credit rating quality amid geopolitical risk and finds evidence of optimistic credit rating in risky times. Additionally, the study finds support for the conflict of interest as a potential channel of deterioration in credit rating quality.

Suggested Citation

  • Singhal, Himanshu & Verma, Arushi & Chakraborty, Madhumita, 2024. "The quality of credit ratings amid geopolitical risk," Economics Letters, Elsevier, vol. 234(C).
  • Handle: RePEc:eee:ecolet:v:234:y:2024:i:c:s0165176523004652
    DOI: 10.1016/j.econlet.2023.111439
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    References listed on IDEAS

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    More about this item

    Keywords

    Rating quality; Geopolitical risk; Conflict of interest; Credit rating agencies; Economic policy uncertainty;
    All these keywords.

    JEL classification:

    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage

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