The Research Of Validity Of Corporate Credit Evaluating Indicator

The non-performing loan of commercial state banks has always been the key problem of Chinese financial reform, and it is also the biggest risk of Chinese banking industry. Therefore, it is favorable to reduce non-performing loans for the development of Chinese banking industry. In order to prevent the non-performing loans, its producing origin must be controlled. As to the banks, they should establish a good system of credit evaluating indicator in order to do a good job when they evaluate a corporation. Moreover, the key step is to select the most valid credit evaluating indicator when establishing a system of credit evaluating indicator. And it is also the purpose of this paper. On the basis of the data collected from a part of the manufacturing companies of Shanghai and Shenzhen securities market, statistical software SPSS is used to analyze the existing credit evaluating indicator system of banks. The empirical study analyses includes section analysis, univariate analysis, cluster analysis and stepwise regression analysis. The valid degree of each credit evaluating indicator is compared with others in credit risk prediction. To improve the existing credit evaluating indicator system of banks, more...