中小企业信用风险识别实证研究

An Empirical Study on SME Credit Risk Recoynition

本文利用在山东某地区开展中小企业信用评级获取的第一手资料,对中小企业信用风险进行了相关数据挖掘,通过分析,揭示了影响中小企业信用风险的主要因素。中小企业的信用风险与资产规模负相关;与贷款净资产比率、流动性正相关;资产负债结构与成长性与信用风险的关系呈现抛物线状,存在一个相对合理区间,在这一区间内中小企业的信用风险较低。信贷管理过程中,利用本文结论,将有助于信贷管理人员从财务数据入手,迅速而又直观把握中小企业信用风险,并以此作为授信审批及后续贷款定价的重要依据。本文旨在为解决中小企业融资难问题提供急需的理论探讨,本研究结果有助于相关科研人员及金融从业人员加强对中小企业信用风险识别的认识。

This paper reveals the major factors of medium and small enterprises' credit risk by using data mining and analysis of the first-hand information which from Shandong medium and small enterprises' credit rating. The credit risk has the negative correlation with asset size, the positive correlation with the net loan-to-assets ratio and liquidity. There is a parabolic relationship between the structure of balance and the credit risk. The credit risk is low in a reasonable range of the parabola. In credit management, the conclusions of this paper will help the managers to grasp the credit risk which is an important basis for credit approval and credit pricing. The aim of this paper is to provide a method of helping the researchers and financial practitioners to realize the medium and small enterprises' credit risk.