基于二元Logistic模型的国内上市企业信用评级展望的影响因素研究

企业信用评级的迅速发展引起人们越来越关注企业信用评级展望的影响因素。本文通过选取84家样本企业和12个指标,使用二元Logistic模型对国内上市企业信用评级展望的影响因素进行实证研究。结果发现股价的β值和应收账款周转率是国内上市企业信用评级展望的影响因素,其中β值是主要因素。上述结果启示我们,国内上市企业可以通过降低营运风险和应收账款周转率来提高企业信用评级。

China listed company credit appraisal's expectation basing on duality model and its influence factors research

The rapid development of corporate credit rating leads to the growing interest in the influencing factors of corporate credit rating prospects.By selecting a sample of 84 enterprises and 12 indicators and using binary logistic model,we study the influencing factors of the domestic listed empirically.We find that β-value and accounts receivable turnover rate are the two influencing factors,and the β-value is major factor.The result tells us that listed enterprises can reduce their operating risks and accounts receivable turnover rate t o raise credit ratings.