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Credit+Rating

Research Brief: Credit Ratings Close the Gap for Emerging-Market Firms

Research Brief: Credit Ratings Close the Gap for Emerging-Market Firms

To overcome the "liability of foreignness" in global capital markets, emerging-market firms can strategically use a credit rating to make them appear more credible

Credit Rating Agencies: Downgraded but Not Out

Credit Rating Agencies: Downgraded but Not Out

Often loathed and rarely lauded, credit rating agencies have the distinction of being “both useless and powerful at the same time”