Impact of Political Risk on European Banks’ Credit Ratings Cover Image

Wpływ ryzyka politycznego na credit rating banków europejskich
Impact of Political Risk on European Banks’ Credit Ratings

Author(s): Patrycja Chodnicka-Jaworska
Subject(s): Supranational / Global Economy, Governance, Political economy, Financial Markets
Published by: Społeczna Akademia Nauk
Keywords: credit rating; logit models; political risk;

Summary/Abstract: The aim of the paper is to study the impact of the political risk on European banks’ credit ratings. A literature review has been made and the following hypothesis has been put: there is a statistically significant impact of the political situation on credit ratings onto European banks. Ordered panel data models have been used in the research. Data have been collected from the Thomson Reuters Database, for 1998-2016 period of time. Foreign and domestic long term issuer credit ratings have been used as dependent variables.

  • Issue Year: 18/2017
  • Issue No: 9.2
  • Page Range: 129-142
  • Page Count: 14
  • Language: Polish
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