Creditworthiness assessment of municipalities in Ukraine
In the article modern methodological approaches to the assessment of the creditworthiness of local authorities was analyzed, group of indicators used by rating to assessing the creditworthiness of local governments was presented. The author was proposed a methodological approach to assessing the cre...
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| Format: | Article |
| Language: | English |
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Simon Kuznets Kharkiv National University of Economics
2018-12-01
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| Series: | Управління розвитком |
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| Online Access: | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/11289/DM_2018_03_Zolotukhin.pdf |
| _version_ | 1797430834966298624 |
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| author | Yevhenii Zolotukhin |
| author_facet | Yevhenii Zolotukhin |
| author_sort | Yevhenii Zolotukhin |
| collection | DOAJ |
| description | In the article modern methodological approaches to the assessment of the creditworthiness of local authorities was analyzed, group of indicators used by rating to assessing the creditworthiness of local governments was presented. The author was proposed a methodological approach to assessing the creditworthiness of local authorities based on the using of factor analysis and took into account indicators that characterize the financial and debt sustainability of the local budget. The application of the proposed methodological approach will allow potential investors of local authorities to assess the level of risk of comparable city with a view to making a decision on investing in their local bonds; local authorities-borrowers - to conduct a diagnosis of their creditworthiness in any reporting period. |
| first_indexed | 2024-03-09T09:34:15Z |
| format | Article |
| id | doaj.art-d12fcc55be3e467798db0506f57fdfcd |
| institution | Directory Open Access Journal |
| issn | 2413-9610 2663-2365 |
| language | English |
| last_indexed | 2024-03-09T09:34:15Z |
| publishDate | 2018-12-01 |
| publisher | Simon Kuznets Kharkiv National University of Economics |
| record_format | Article |
| series | Управління розвитком |
| spelling | doaj.art-d12fcc55be3e467798db0506f57fdfcd2023-12-02T02:52:26ZengSimon Kuznets Kharkiv National University of EconomicsУправління розвитком2413-96102663-23652018-12-01163516011289Creditworthiness assessment of municipalities in UkraineYevhenii Zolotukhin0Postgraduate student of Finance Department, Simon Kuznets Kharkiv National University of EconomicsIn the article modern methodological approaches to the assessment of the creditworthiness of local authorities was analyzed, group of indicators used by rating to assessing the creditworthiness of local governments was presented. The author was proposed a methodological approach to assessing the creditworthiness of local authorities based on the using of factor analysis and took into account indicators that characterize the financial and debt sustainability of the local budget. The application of the proposed methodological approach will allow potential investors of local authorities to assess the level of risk of comparable city with a view to making a decision on investing in their local bonds; local authorities-borrowers - to conduct a diagnosis of their creditworthiness in any reporting period.https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/11289/DM_2018_03_Zolotukhin.pdfcredit ratingcreditworthinesscreditworthiness assessmentlocal government |
| spellingShingle | Yevhenii Zolotukhin Creditworthiness assessment of municipalities in Ukraine Управління розвитком credit rating creditworthiness creditworthiness assessment local government |
| title | Creditworthiness assessment of municipalities in Ukraine |
| title_full | Creditworthiness assessment of municipalities in Ukraine |
| title_fullStr | Creditworthiness assessment of municipalities in Ukraine |
| title_full_unstemmed | Creditworthiness assessment of municipalities in Ukraine |
| title_short | Creditworthiness assessment of municipalities in Ukraine |
| title_sort | creditworthiness assessment of municipalities in ukraine |
| topic | credit rating creditworthiness creditworthiness assessment local government |
| url | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/11289/DM_2018_03_Zolotukhin.pdf |
| work_keys_str_mv | AT yevheniizolotukhin creditworthinessassessmentofmunicipalitiesinukraine |