/ Accounting Content for swagÍâÁ÷ en /news/credit-rating-agencies-respond-rationally-risk-rd-investment-study-finds <p>New research busts the myth that credit rating agencies are lazy and biased when it comes to accounting for innovation.</p> <p>Professor Paul Griffin of the Graduate School of Management at the University of California, Davis, and his co-authors recently examined U.S. credit rating data. With a shift in the U.S. toward&nbsp;a knowledge-based economy, creditworthiness increasingly depends on the success of a firm’s research and development investments and other intangible assets.</p> October 04, 2018 - 9:01pm Julia Ann Easley /news/credit-rating-agencies-respond-rationally-risk-rd-investment-study-finds