DocumentCode
483262
Title
Empirical Analysis and Countermeasures Research on Corporate Credit Taking Listed Companies of Anhui Province as an Example
Author
Song Malin
Author_Institution
Sch. of Stat. & Appl. Math., Anhui Univ. of Finance & Econ., Bengbu, China
fYear
2009
fDate
23-25 Jan. 2009
Firstpage
468
Lastpage
471
Abstract
As the dishonesty violations of the listed companies occur from time to time, the credit risk of listed companies has become an issue related to the financial system stability. By understanding the concepts of credit and credit risk, a quantitative research has been carried out on the credit taking listed company in Anhui province as an example on the premise of considering the availability of data. According to analysis of the company´s credit system, combined with of 46 financial statements of listed companies in Anhui Province, 12 indicators are selected for analysis and ranks with the company credit. Then through the cluster analysis of listed companies, these companies will be divided into three types. As results, some conclusions have been drawn from the Empirical Analysis that being work along both effective regulation and institutional innovation is an effective solution to the problem for the way of enhancing the company credit.
Keywords
finance; Anhui province; corporate credit; countermeasures research; credit risk; dishonesty violations; Companies; Data analysis; Data mining; Electronic mail; Finance; Industrial economics; Mathematics; Risk analysis; Stability analysis; Statistical analysis; cluster analysis; credit risk; principal component analysis;
fLanguage
English
Publisher
ieee
Conference_Titel
Knowledge Discovery and Data Mining, 2009. WKDD 2009. Second International Workshop on
Conference_Location
Moscow
Print_ISBN
978-0-7695-3543-2
Type
conf
DOI
10.1109/WKDD.2009.150
Filename
4771976
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