株式会社極東書店トップ ＞ 商品一覧 ＞ Credit Rating Over-Reliance in Asset Management : A Legal and Economic Analysis of Mutual Fund Prospectuses and Regulatory Law in Europe and The United States.
商品詳細
Credit Rating Over-Reliance in Asset Management : A Legal and Economic Analysis of Mutual Fund Prospectuses and Regulatory Law in Europe and The United States.
・ISBN 978-3-7560-1335-7 paper EUR 79.00
￥21,116.- (税込) ※（※）価格はご注文時の参考価格となります。
納品価格につきましては書籍の入荷時点で確定となります。
版元の原価改定、外国為替の変動等により異なる場合がございますので、予めご了承下さい。
お気に入り
★★★
電子版あり 大学・学術機関向け電子ブック（eBook）ISBN 978-3-7489-1862-2
| 著者・編者 | Müller, Marius, |
|---|---|
| シリーズ | Studien zum Bank-, Börsen- und Kapitalmarktrecht |
| 出版社 | (Nomos, GW) |
| 出版年月 | 2023.12 |
| ページ数 | 262 S. |
| 言語 | ENG |
| ニュース番号 | ＜716-663 716-916＞ |
解説
The 2008 financial crisis brought the far-reaching influence of credit ratings on capital markets into focus and confirmed doubts about the quality of ratings published by rat-ing agencies. In the context of regulatory efforts to limit the influence of ratings, Marius Mueller addresses the question to what extent investment funds are obliged to sell bonds that no longer comply with investment guidelines following a rating downgrade. Results of a statistical analysis of 200 European and U.S. fund prospectuses are evaluated in the light of regulatory objectives. Subsequently, a structural proposal for the formulation of investment guidelines is developed, accounting for the protection of investor interests and market functioning.