000			01673nam a22002417a 4500
005			20250422100501.0
008			250422b ph ||||| |||| 00| 0 eng d
022			_a2380-2154
040			_cOCT
100			_aPillay, Savenshen
240			_aJournal of Financial Reporting / _hFall 2024
245			_aThe credit rating agency market in Africa : Landscape and future research directions / _cSavenshen Pillay and Anywhere Sikochi
300			_aVol 9 (2) pages 103-122 : _billustrations ; _c27 cm
500			_aABSTRACT: We explore the role of credit ratings in global markets and highlight potential opportunities for research on the African credit rating agency market. We trace the evolution of credit ratings and conduct a comprehensive literature review of existing studies globally that explore determinants, properties, and capital market impacts of credit ratings. We then evaluate the African credit rating agency landscape, showcasing the contribution of local credit rating agencies. We end by suggesting research areas that could leverage the characteristics of the African context. We also highlight recent calls for public sector credit rating agencies as an alternative approach to solving persistent rating coverage gaps. Overall, our paper aims to provide a nuanced understanding of the credit rating landscape in Africa, offering insights into its challenges, opportunities, and future research directions.
650			_aAfrica
650			_acredit ratings
650			_acredit rating agencies
650			_aregulation
650			_aregulatory strength
650			_aconflicts of interest.
700			_aSikochi, Anywhere
942			_2ddc _cCR _n0
999			_c10355 _d10355