Research Of Enterprise Financial Credit Evaluation Based On Logistic Regression Model

In light of there is no clear concept of enterprise financial credit in China's academic circles, this paper put forward the concept of enterprise financial credit and define the scope of its research. On this basis, this paper built a set of enterprise financial credit evaluation index system, in addition to the traditional financial ratios indicators from the financial statements, this paper taking into account the expected macro-economic conditions and the business managers'subjective factors of the enterprise, joined the indicators such as the enterprise's financial flexibility, the country's economic policy, the industry characteristics and development, enterprise sector status, the managers'social image, managers, the managers'negative experiences . As positive aspects, this paper select the 40 companies in the electric power, nonferrous metals, real estate, machinery manufacturing industry, used the PAC method to screening indicator, and then used logistic regression model to built the enterprise financial credit evaluation model, The results showed that the overall discrimination accuracy rate of the corporate financial credit up to 95%, model fitting good results.