信贷风险的数理分析

The Mathematical Analysis of the Credit Risk

在销售量为随机变量时,通过对税息前收益和每股收益的标准差系数的分析得出:企业营利能力强时,企业替债权人承担了部分经营风险,使得企业风险大于经营风险;在企业经营不善时,债权人不得不承担经营风险,使得企业风险小于经营风险.

This thesis is to analyze the coefficient of standard deviation of the earnings before interest and tax and the earnings per share. Under the volume of sales it is at random. As the enterprise has a powerful profitable operation capacity, it bears the part of the business risk for the creditor. As the enterprise does not operate well, the creditor has to bear the most of the business risk, and so the total risk of the enterprise is less than the business risk.