On Credit Risk Quantitative Measurement Of The Listed Companies In China

After comparatively analyzing main credit risk quantitative measurement models used in developed countries, this thesis chooses KMV model which is applied widely abroad and is fit to situation of China to make an empirical study on the credit risk quantitative measurement of listed companies in China. The result has been drawn in the thesis indicates that the EDF of the listed company is basically identical with its real conditions. In the end the thesis, considering the national conditions of China, discusses the applicability of KMV model in China and point out that KMV model has a bright future in China.