TY  - UNPD
A1  - Krahnen, Jan Pieter
A1  - Weber, Martin
T1  - Generally accepted rating principles: a primer
T2  - Institut für Kapitalmarktforschung (Frankfurt am Main): CFS working paper series ; No. 2000,02
N2  - Bank internal ratings of corporate clients are intended to quantify the expected likelihood of future borrower defaults. This paper develops a comprehensive framework for evaluating the quality of standard rating systems. We suggest a number of principles that ought to be met by 'good rating practice'. These 'generally accepted rating principles' are potentially relevant for the improvement of existing rating systems. They are also relevant for the development of certification standards for internal rating systems, as currently discussed in a consultative paper issued by the Bank for International Settlement in Basle, entitled 'A new capital adequacy framework'. We would very much appreciate any comments by readers that help to develop these rating standards further. Simply send us an E-mail, or give us a call.
T3  - CFS working paper series - 2000, 02 
KW  - corporate rating
KW  - credit risk management
KW  - capital adequacy
KW  - banking supervision
KW  - Kreditwürdigkeit
KW  - Standardisierung
KW  - Zertifizierung
KW  - Bankenaufsicht
Y1  - 2000
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/4523
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30-9680
N1  - First version: November 2, 1999 ; This version: February 14, 2000 ;Forthcoming: Journal of Banking and Finance
IS  - Version: 14 Febr.2000
SP  - 2
EP  - 19
PB  - CFS
CY  - Frankfurt am Main
ER  -