scholarly journals The Credit Rating Industry: An Industrial Organization Analysis

Author(s):  
Lawrence J. White
2011 ◽  
Vol 55-57 ◽  
pp. 2013-2017
Author(s):  
Yuan Cai

This article discusses the correlation between market structure and value GetCapabilities of major procedures of the PV industry, from the results we can find: As the number of enterprises involved in four procedures of the industrial chain increases, the degree of monopoly of market structure in all procedures are becoming more and more weaker, increasing the level of competition, which resulting in decreasing order of the corresponding distribution of profits, demonstrated as a "inverted pyramid" structure. Market structure of value chain in every procedure determines its ability to obtain the profits. That the industrial organization of PV industry can be explained by the SCP paradigm of Harvard School.


2008 ◽  
Author(s):  
Sandra Rozo ◽  
Diego Mauricio Vásquez ◽  
Dairo Ayiber Estrada

This chapter compares CRAs (credit rating agencies), management consulting firms, environmental auditing firms, tax consulting firms, and auditing/accounting firms with the purpose of providing a better understanding of the current and possible regulatory, mechanism design, and industrial organization factors that can affect the global accounting/auditing industry and the global CRA industry. It also analyzes banks, credit rating agencies (CRAs), and investors as joint tortfeasors and co-conspirators (in litigation against accounting/auditing firms).


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