... for risk‐averse funds with high positive net asset flows. Explains the ASSIRT rating system for managed funds and finds the ratings strongly associated with DEA relative efficiency scores. Believes the findings are useful to analysts, investors and managers. © MCB UP Limited 2002 Accounting...

.... Explains the methodology, discusses the input and output measures used and relates bank performance measures to efficiency. Describes the CAMELS rating system used by bank examiners and regulators; and finds that banks with high efficiency scores also have strong CAMELS ratings. Summarizes the other...

...Yaw A. Badu; Kenneth N. Daniels; Francis Amagoh Explains the rating system for US municipal bonds and its effect on borrowing costs, reviews relevant research and provides a study of the factors affecting grading by rating agencies in Virginia using 1995 data. Explains the methodology and presents...

... profitable than those from less experienced analysts. Another stream of recent research has focused on the process that security analysts use to arrive at their ratings for a given security. Stickel (1992) suggests that analysts use ambiguous and complex information, methodology, and judgements to arrive...