On The Corporate Credit Management Based On The Asymmetric Information

After reformation and opening-to-world of decades years, China has gained many achievement which absorb the world's capital to invest in China. China's market has transformed fundamentally from corporate market to customer market. With more and more international corporation inflow China, the competition in this market is more and more fierce. The competition depends on not only quality and price, but also credit instrument.In this thesis, we introduce the basic theory of credit, credit management and asymmetric information, then analyses the customer's risk control on the case how is ST(suzhou) control the customer's credit risk based on asymmetric information. In the last part of this thesis, we summarize the experience and lesson of ST(suzhou), and study the adaptability of this experience in China, we also put forward some advice to China's enterprises both in macro-surroundings and micro-conditions.There are short of material of corporate credit management especial based on asymmetric information, and most Chinese enterprises are short of customer credit management. The author expected that this article can add some effort to Chinese corporate credit management.