Research On Some Fundamental Transaction Credit Issues Among Enterprises

The development of Chinese Economy has confronted some crucial backgrounds: On one hand, the adjustment of industry structure and development of e-commerce have brought energy as well as new credit risk, on the other hand, China has entered WTO(world trade organization) which brings opportunities to China's economy and demand we obey transaction credit rules in international market. As a result, construction of credit system will become more and more important and the foundation of marketing economy. However evaluation methods among enterprises in industry market are in great need. Under these circumstances, this dissertation studies the current status about credit risk in China, analyzes reason of the bad credit among enterprises, and generalizes the current credit risk model. Based on the backgrounds stated above, this dissertation builds up a 2-dimension credit evaluation method which may be supplement to traditional evaluation methods, and put forward some insight opinions on the construction of internal credit monitoring system and on how to enhance the credit restriction in industry market.The most significant results and innovations are as following:Firstly, this dissertation has adopted a new perspective to study credit. The credit demand among enterprises is especially analyzed which is blank in current references. Although expenditure credit is also common is economic area, the credit crises mainly happens between consumers and enterprises. Owning to the fact that enterprises occupy a dominant role compared to consumers in areas such as technology and fund, the measures to improve credit obeying among enterprises will be beneficial to consumers.Secondly, this dissertation expands the index scope on credit evaluation. Financial index is traditionally important in credit evaluation and is made use of in many scholars'literature as well as financial organization (banks, for example). Except for financial index, this dissertation put forward enterprises'abilities which include money-obtaining, managing and service. 15 indexes are put forward toexplain enterprises'ability. What's more, the fact that willingness and environment have effect on enterprises'abilities is also analyzed. In a word, this dissertation expands the index system on credit evaluation in order to give a more comprehensive conclusion on enterprises'credit.Thirdly, this dissertation puts forward the concept of stability and relative importance on credit which is great helpful to study real transaction credit and choose proper transaction objects. This will greatly enhance the development of credit research in China.Finally, this dissertation explains the relation between credit restriction and self management in industry market. The discrete credit research areas are integrated in this dissertation to help build up a systematic framework on credit research.