Factors of Credit Ratings for Transfer Pricing of Loans in European Conditions

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dc.contributor.authorBoďa, Martincs
dc.contributor.authorBrychta, Karelcs
dc.contributor.authorIštok, Michalcs
dc.contributor.authorSolilová, Veronikacs
dc.coverage.issue5cs
dc.coverage.volume72cs
dc.date.accessioned2025-04-04T11:56:33Z
dc.date.available2025-04-04T11:56:33Z
dc.date.issued2024-10-10cs
dc.description.abstractIn accord with international transfer pricing regulations, the borrower's creditworthiness is the main factor to be reflected in valuation of cross-border loan transactions between associated enterprises. However, trouble invariably arises for small and medium-sized enterprises that do not have an assigned credit rating. The aim of this paper is to determine the most reliable predictors of a company's credit rating for European entities facing missing rating coverage for the purpose of transfer pricing. Based on 2015-2019 data sourced from the Orbis database, the study examines key financial ratios and non-financial information that could be instrumental in reconstructing a long-term rating category of a company assigned by Moody's Investors Service. The results identify interest coverage as the most useful predictor. Therefore, a law-approved and taxcredit rating) should preferably exploit interest coverage as a link to the otherwise missing ratings.en
dc.formattextcs
dc.format.extent727-751cs
dc.format.mimetypeapplication/pdfcs
dc.identifier.citationPOLITICKA EKONOMIE. 2024, vol. 72, issue 5, p. 727-751.en
dc.identifier.doi10.18267/j.polek.1421cs
dc.identifier.issn2336-8225cs
dc.identifier.orcid0000-0002-9184-1598cs
dc.identifier.other193864cs
dc.identifier.researcheridI-2120-2018cs
dc.identifier.scopus36975017700cs
dc.identifier.urihttps://hdl.handle.net/11012/250752
dc.language.isoencs
dc.publisherPrague Univ Economics and Businesscs
dc.relation.ispartofPOLITICKA EKONOMIEcs
dc.relation.urihttps://polek.vse.cz/artkey/pol-202405-0001_factors-of-credit-ratings-for-transfer-pricing-of-loans-in-european-conditions.phpcs
dc.rightsCreative Commons Attribution-NonCommercial-NoDerivatives 4.0 Internationalcs
dc.rights.accessopenAccesscs
dc.rights.sherpahttp://www.sherpa.ac.uk/romeo/issn/2336-8225/cs
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/cs
dc.subjectTransfer pricingen
dc.subjectcredit ratingsen
dc.subjectpredictors of creditworthinessen
dc.subjectinterest coverageen
dc.subjectEuropean companiesen
dc.titleFactors of Credit Ratings for Transfer Pricing of Loans in European Conditionsen
dc.type.driverarticleen
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen
sync.item.dbidVAV-193864en
sync.item.dbtypeVAVen
sync.item.insts2025.04.04 13:56:33en
sync.item.modts2025.04.03 15:32:04en
thesis.grantorVysoké učení technické v Brně. Fakulta podnikatelská. Ústav financícs
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