Credit Risk Measurement of Listed Manufacturing Companies in China Based on modified KMV Model for Empirical Analysis

被引：0
|
作者：
Lu, Xuechan [1 ]
Di, Wei [1 ]
机构：
[1] Jiangsu Univ Sci & Technol, Sch Econ & Management, Zhenjiang 212003, Peoples R China
来源：
PROCEEDINGS OF THE 2ND INTERNATIONAL CONFERENCE ON CONTEMPORARY EDUCATION, SOCIAL SCIENCES AND HUMANITIES (ICCESSH 2017) | 2017年 / 124卷
关键词：
credit risk; KMV model; default point; manufacturing industry;
D O I：
暂无
中图分类号：
C [社会科学总论];
学科分类号：
03 ; 0303 ;
摘要：
The whole manufacturing industry is in overcapacity across China, which is a key field for the supply-side reform. In recent years, the industrial credit risks are increasing continuously, and it is becoming more and more important on how to reasonably measure and identify the credit risks of manufacturing companies. This article chooses the financial data of 2015 from 60 listed companies as samples for analysis, setting ten different default points, with the SPSS, Matla and other tools used so as to get, compare, analyze and verify the results under different default points, it is found that under the default points, the revised KMV model has a common difference to identify the credit risks of listed manufacturing companies. Finally, the article draws a conclusion and gives relevant analysis.
引用
收藏
页码：828 / 832
页数：5
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