Research On The Credit Rating Of IT Enterprises In China

Along with the social economy development, credit relations is taken seriously more and more, and as a root of social relations, it is not only the existence and development of the economic society, but also the cornerstone of the economy. In all aspects of social economic life over the credit relations, the market economy is actually good credit economy, the establishment of the social credit is the standard of the order of the socialist market economy, it is an effective guarantee for preventing financial risks, and is the important condition of the normal operation of the foundations of modern economy. So to improve the credit consciousness, strengthen credit management, improving credit evaluation system, to promote economic and social development has important significance.Since the 90s of the 20th century, China's annual growth rate of IT companies was increasing exponentially, and increasingly become a powerful driving force of economic growth.. China's broad market and policy guidance are as favorable conditions for Information Technology enterprise development. With IT industrial structure optimization, the question of IT enterprise loan difficult is appearing. IT enterprise can not use existing credit evaluation system.This paper attempt to focus on how objective and fairly to set up the credit rating index system of Information Technology enterprise. The IT enterprise has the characteristic of high growth and high risk.lt is different from the tradition business.So the traditional business credit rating evaluation index system is difficult to apply to credit rating of Information Technology enterprise. It is difficult to ensure the science, fairness and objectivity.This paper attempts the utilization principle and mathematical model of economics, Accounting, statistics, management science and so on, and also attempts to use qualitative analysis and quantitative analysis methods of credit rating。Based on the theory of enterprise credit rating at home and abroad, to have a research on Information Technology enterprise credit rating.This paper has five parts:The first chapter discusses the background, purpose, meaning, ideas and innovation points;The second chapter discusses the research from two aspects and summarizing the relevant theory of credit and the appraisal of credit, elaborating the credit, the appraisal of credit and enterprise credit appraisal in specific, at first.then sunnarying the methods of evaluation of domestic and foreign credit; The third chapter identified the basic concepts of IT enterprises through the definitions of IT business,overviewing the basic characteristics and the development situation of china's IT enterprises,discussing the need of the construction of IT enterprise's credit evaluation index system; The fourth chapter draws on the domestic and foreign credit evaluation index system, and considering the characteristics of IT companies to design a suitable IT enterprise credit evaluation index system. This paper based on the questionnaires and AHP method to determine the importance of each index; The fifth chapter constructed IT enterprise credit rating model based on fuzzy mathematics from the analysis of domestic and foreign credit evaluation.This paper use iFLYTEK which is the leading provider of Chinese speech and language technology as a case. Through calculation, the paper calculated the credit score of iFLYTEK in 2009 and concrete corporate credit rating,then verify the effectiveness of indicator system and model; The last chapter is the conclusion, make a summary of the paper and point out the innovation of this paper and deficiencies.