Efektivitas “Sentilan” Politis Pemerintahan Obama terhadap Standard and Poor's

Abstract: The Government of the United States under Barrack Obama has sued Standard and Poor's, a rating agency, for their alleged act of deceiving investors. In this article, the writer tries to analyse three research points. Firstly, the writer tries to probe the common characteristics of rat...

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Autor principal: Mandohar B.B. Simanjuntak
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Publicado: Parahyangan Centre for International Studies, Parahyangan Catholic University 2014
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Acceso en línea:https://doaj.org/article/ad02ac1afa70406a8d329efeaec38229
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spelling oai:doaj.org-article:ad02ac1afa70406a8d329efeaec382292021-11-09T17:40:24ZEfektivitas “Sentilan” Politis Pemerintahan Obama terhadap Standard and Poor's2614-25622406-874810.26593/jihi.v9i2.1045.%phttps://doaj.org/article/ad02ac1afa70406a8d329efeaec382292014-09-01T00:00:00Zhttps://journal.unpar.ac.id/index.php/JurnalIlmiahHubunganInternasiona/article/view/1045https://doaj.org/toc/2614-2562https://doaj.org/toc/2406-8748Abstract: The Government of the United States under Barrack Obama has sued Standard and Poor's, a rating agency, for their alleged act of deceiving investors. In this article, the writer tries to analyse three research points. Firstly, the writer tries to probe the common characteristics of rating agencies in giving investment performance analyses; secondly, to investigate whether the alleged misguiding has stirred cases made public by the media; and finally, to see whether this case has another standpoint that is quite effective economically and politically. The research done by the writer has revealed that the irrational approach employed by Standard and Poor's in producing the performance reports is both commonly and usually done by other rating agencies in the industry. Furthermore, the media survey has shown that the legal action is not entirely baseless because there are cases sprung from the motion fuelled by the media. However, interestingly the conclusion from this research shows that this case has another dimension –a political dimension –because from a political perspective we can infer “the second” reading that shows that this legal motion is actually a political “pinch” whose purpose is more of deterring than of penalising the company to pay for the damage caused by their investment performance reports. Keywords : rating agencies, irrationality, “the second reading”, deterring effectMandohar B.B. SimanjuntakParahyangan Centre for International Studies, Parahyangan Catholic UniversityarticleInternational relationsJZ2-6530ENIDJurnal Ilmiah Hubungan Internasional, Vol 9, Iss 2 (2014)
institution DOAJ
collection DOAJ
language EN
ID
topic International relations
JZ2-6530
spellingShingle International relations
JZ2-6530
Mandohar B.B. Simanjuntak
Efektivitas “Sentilan” Politis Pemerintahan Obama terhadap Standard and Poor's
description Abstract: The Government of the United States under Barrack Obama has sued Standard and Poor's, a rating agency, for their alleged act of deceiving investors. In this article, the writer tries to analyse three research points. Firstly, the writer tries to probe the common characteristics of rating agencies in giving investment performance analyses; secondly, to investigate whether the alleged misguiding has stirred cases made public by the media; and finally, to see whether this case has another standpoint that is quite effective economically and politically. The research done by the writer has revealed that the irrational approach employed by Standard and Poor's in producing the performance reports is both commonly and usually done by other rating agencies in the industry. Furthermore, the media survey has shown that the legal action is not entirely baseless because there are cases sprung from the motion fuelled by the media. However, interestingly the conclusion from this research shows that this case has another dimension –a political dimension –because from a political perspective we can infer “the second” reading that shows that this legal motion is actually a political “pinch” whose purpose is more of deterring than of penalising the company to pay for the damage caused by their investment performance reports. Keywords : rating agencies, irrationality, “the second reading”, deterring effect
format article
author Mandohar B.B. Simanjuntak
author_facet Mandohar B.B. Simanjuntak
author_sort Mandohar B.B. Simanjuntak
title Efektivitas “Sentilan” Politis Pemerintahan Obama terhadap Standard and Poor's
title_short Efektivitas “Sentilan” Politis Pemerintahan Obama terhadap Standard and Poor's
title_full Efektivitas “Sentilan” Politis Pemerintahan Obama terhadap Standard and Poor's
title_fullStr Efektivitas “Sentilan” Politis Pemerintahan Obama terhadap Standard and Poor's
title_full_unstemmed Efektivitas “Sentilan” Politis Pemerintahan Obama terhadap Standard and Poor's
title_sort efektivitas “sentilan” politis pemerintahan obama terhadap standard and poor's
publisher Parahyangan Centre for International Studies, Parahyangan Catholic University
publishDate 2014
url https://doaj.org/article/ad02ac1afa70406a8d329efeaec38229
work_keys_str_mv AT mandoharbbsimanjuntak efektivitassentilanpolitispemerintahanobamaterhadapstandardandpoors
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