Měření kreditního rizika ve firemních financích

In China, SMEs plays an important role in economy.Manufacturing industry takes the main part of SMEs in China. Because the management system and financial system of SMEs are not complete and there is no efficient credit measuring system or complete credit information database for SMEs, banks take high risk premium which means SMEs are hard to finance by credit.Aim of this thesis is to compute an efficient credit measuring model for SMEs in manufacturing industry to help SMEs to finance. In order to compute a proper model, financial ratios of observations are standardized and analyzed with STATA. In this process, logistic regression model and probit regression models are in this thesis.In China, SMEs plays an important role in economy.Manufacturing industry takes the main part of SMEs in China. Because the management system and financial system of SMEs are not complete and there is no efficient credit measuring system or complete credit information database for SMEs, banks take high risk premium which means SMEs are hard to finance by credit.Aim of this thesis is to compute an efficient credit measuring model for SMEs in manufacturing industry to help SMEs to finance. In order to compute a proper model, financial ratios of observations are standardized and analyzed with STATA. In this process, logistic regression model and probit regression models are in this thesis.154 - Katedra financívelmi dobř