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20: Rating Agencies Between Governments and Businesses

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Hauptschule
Breakout
in deutscher Sprache

Supported by the Federation of Austrian Industries
The reputation of rating agencies has suffered severely from the financial crisis. While
states and investors used to trust in their advice almost blindly, stricter regulations are being called for. While considerations to establish a European rating agency exist, the oligopoly of the “Big Three” has not been broken – private and insti-
tutional investors still depend on their ratings. What should be done about the
dependence of businesses and states on these ratings? Which changes can be expected from new provisions adopted by the EU? How important do external ratings remain after the crisis?

Professor of Economics, Institute of Economics, University of St.Gallen
Managing Director and Regional Head of Northern Europe, Standard & Poor's Credit Market Services Europe Ltd., Frankfurt
Director, Agenda Austria, Vienna
Director-General, Economic Policy and Financial Markets, Federal Ministry of Finance of the Republic of Austria, Vienna
Editor in Chief, NEWS GmbH, Vienna Chair

Dipl.-Kfm. Torsten HINRICHS

Managing Director and Regional Head of Northern Europe, Standard & Poor's Credit Market Services Europe Ltd., Frankfurt

1984-1999 Westdeutsche Landesbank, Düsseldorf, New York, London, Hong Kong, u.a. in den Bereichen Neuemissionen, Kapitalmarkt, Global Derivatives, Fixed Income, Treasury
seit 1999 Managing Director, Niederlassungsleiter, Standard & Poor's Credit Market Services Europe Limited (Niederlassung Deutschland) und Geschäftsführer, McGraw-Hill (Germany) GmbH, CEO Standard & Poor's Credit Market Services Europe Limited, Filiale Sweden

Dr. Franz SCHELLHORN

Director, Agenda Austria, Vienna

1990-1991 Bankausbildung, Creditanstalt Bankverein, Wien
1992-1997 Studium der Handelswissenschaften, WU - Wirtschaftsuniversität Wien
1997-2013 Wirtschaftsredaktion, "Die Presse", Wien
2004-2013 Leiter der Wirtschaftsredaktion, "Die Presse", Wien
2011-2013 Stellvertretender Chefredakteur, "Die Presse", Wien
seit 2013 Direktor, Agenda Austria, Wien

Mag. Harald WAIGLEIN

Director-General, Economic Policy and Financial Markets, Federal Ministry of Finance of the Republic of Austria, Vienna

1992-2005 ORF - Austrian Broadcasting Corporation, Vienna
2005-2007 Austrian daily Wiener Zeitung, Vienna
since 2008 Federal Ministry of Finance, Vienna

Dr. Esther MITTERSTIELER

Editor in Chief, NEWS GmbH, Vienna

1987-1992 Contemporary history and philosophy (Lettere e Filosofia), Bologna
1993-1996 Business editor, daily newspaper "Dolomiten", Bozen
1996 Traineeship, Italys first financial newspaper "Il sole 24ore", Milan
1996-1998 Deputy head of department of economics, "Dolomiten", Bozen
Collaboration with public radio "RAI", presentation of "Pressespiegel"
1998-2001 Financial reporter, n-tv
1998-2002 Business editor, Der Standard, Vienna
2003-2004 Freelance journalist for profil, trend, DM Euro
2004 Public Relations Adviser, Scholdan & Company
2005-2006 Editor in Chief of Finance, Business People; Deputy editor in Chief, medianet
2006-2007 Chief Reporter, WirtschaftsBlatt
2007-2012 Head of Department Companies & Markets and Chief Editorship, WirtschaftsBlatt
2012-2014 Editor in Chief, WirtschaftsBlatt
since 2015 Chief Editorship and Head of Business department, "News", Vienna
since 2017 Editor in Chief, "News", Vienna

Economic Symposium

show timetable
Genre : all

27.08.2013

12:00 - 12:20OpeningPlenary
12:20 - 13:30Finance and the Real Economy: Together or Apart?Plenary
13:30 - 13:50Political CornerPlenary
14:50 - 16:30Making Finance Meet the Real Economy’s RequirementsPlenary
18:30 - 19:30Miha Pogacnik: What Businesses can Learn from MusicPlenary
19:30 - 20:30Smart Blue Hour hosted by IBMSocial

28.08.2013

06:00 - 06:45management club Business Breakfast “Integrationsfall Europa”Partner
06:00 - 06:45Sustainable Entrepreneurship – Book Presentation on the Business Model of the FuturePartner
07:00 - 08:10The Future of Corporate FundingPlenary
08:10 - 08:30Political CornerPlenary
09:00 - 11:30Working Group 01: The Real Economy and Finance in the “Network of Responsibility”Breakout
09:00 - 11:30Working Group 02: Business, Society and Politics: Assigning Responsibility for ResultsBreakout
09:00 - 11:30Working Group 03: What Happens to Our Values if Computers Learn how to Think?Breakout
09:00 - 11:30Working Group 04: Touch the Future – Security and Identity in a Digital WorldBreakout
09:00 - 11:30Working Group 05: Living with Risk and SpeculationBreakout
09:00 - 11:30Working Group 06: The Pension System as a Ponzi Scheme?Breakout
09:00 - 11:30Working Group 07: Workforce Diversity: Living with and Managing Demographic ChangeBreakout
09:00 - 11:30Working Group 08: Implementing the New World of Work, a Progress ReportBreakout
09:00 - 11:30Working Group 09: Design Thinking as a Tool for InnovationBreakout
09:00 - 11:30Working Group 10: New Energies for Europe – Between Cooperation and CompetitionBreakout
11:30 - 12:30Lunch ReceptionSocial
12:30 - 15:00Working Group 11: Connected Learning, Connected SchoolsBreakout
12:30 - 15:00Working Group 12: Financial Literacy, Decision-Making in Complex SituationsBreakout
12:30 - 15:00Working Group 13: Our Life After the Digital RevolutionBreakout
12:30 - 15:00Working Group 14: Prosperity for All? Austria’s Top Managers in Dialogue with Ludwig ErhardBreakout
12:30 - 15:00Working Group 15: Rethinking Capitalism: The Future of Our Economic ModelBreakout
12:30 - 15:00Working Group 16: Alternative Sustainable Economic ConceptsBreakout
12:30 - 15:00Working Group 17: From Goodwill to Financial Company ValueBreakout
12:30 - 15:00Working Group 18: Back to the Real Economy – Towards a New Industrial Policy for EuropeBreakout
12:30 - 15:00Working Group 19: Industrial Production in the City of the FutureBreakout
12:30 - 15:00Working Group 20: Rating Agencies Between Governments and BusinessesBreakout
16:00 - 17:30Peter Drucker Special Lecture: Leadership and Values in a Complex WorldPlenary
19:30 - 21:30get2gether hosted by T-MobileSocial

29.08.2013

06:30 - 07:00“Kater” BreakfastPartner
07:15 - 08:15The New Role of Central Banks in Crisis-ManagementPlenary
08:45 - 10:20New Growth in Europe?Plenary
10:20 - 10:30ClosingPlenary
14:45 - 18:00Generali 3 Banken Business Dialogue “Experiences and Values”Partner