Credit ratings can shape corporate financial decisions
On the surface, credit rating agencies simply score a company's financial health. They look at a business's equity and debt and diagnose how risky it is for investors. They slap on a letter grade to show how likely it is to repay its debts.
Image: Phys.org
On the surface, credit rating agencies simply score a company's financial health. They look at a business's equity and debt and diagnose how risky it is for investors. They slap on a letter grade to show how likely it is to repay its debts.
Originally published at Phys.org
