Research On Credit Evaluating System For One-Man Company

With the implemention of the new Enterprises law, one-man company is permitted to come into existence and turns into economic hotspot. It helps to plough social capital into economic field, encourage economic development and promote employment, but it also brings credit risk to commercial banks and other creditors. The conventional credit evaluating system is designed for large and mid-sized enterprises, but one-man company has distinct characteristics. So, it is impossible to obtain reasonable conclusion if the same evaluating system is used. Thus, it means a lot theoretically and practically to design a credit evaluating system for one-man company.Taking one-man company as research object, This article hopes to design a credit evaluating system which suits the character of one-man company, and provides consultation and reference for credit risk management of commercial banks. Based on the evaluating system of small and medium-sized enterprises and the character and actuality of one-man company, in reference to the international and domestic theories and practice of credit grading system, this article research on the designing of the credit evaluating system for one-man company and its feasibility as follows:First of all, this article analyzes the character of one-man company, finds out the root of credit risk of the one-man company, and discusses the influence on credit risk of one-man company which is brought by the manager of one-man company, according to the theories on behavioral finance.Secondly, the article introduces theories on credit evaluation systemetically. The credit evaluating system is designed on the basis of above study, and the ratable coefficient is also endowed by the means of AHP. This index system emphasizes on reflecting the influence brought by the manager of on-man company, developing and innovative capabilities of the company, meantime accompanied with such indexes as the analysis of cash flow and performance of agreements. It tries to evaluate the credit state completely and authentically, and solves the problem of unfairness of financing credit evaluating encountered by one-man company.Lastly, with the credit grading system above designed, the article selects one private company ,and analyzes its credit state by the means of fuzzy comprehensive evaluation in order to validate the credit evaluating system.