A Modern Credit Rating Agency: The Story of Moody’s (Routledge Studies in Corporate Governance)

This book aims to present a picture of one of the world’s leading credit rating agencies.Credited as being the first credit rating agency, Moody’s stands as the epitome of the rating sector and all that it effects.However, outside of internal and non-public histories compiled within the rating agency itself, the story of Moody’s has never been told, until now.However, this is not a historical book. Rather, this book paints a picture of Moody’s on a wider canvas that introduces the concept of rating to you, taking into account the origins of the sector, the competitive battles that formed the modern-day oligopoly, and the characters that have each taken their turn on sculpting the industry that, today, is critical to the modern economy. The book is a story of personable people who provided the market with what it needed, but it is more than that.It is a story of conflict, impact, strategy, and most of all the relationship between big business and modern society.Standing as the gatekeepe