The Corporate Bond Credit Rating Method Research Of China

With the development of Chinese capital market，Corporate bond financing hasbecome a very effective way，But along with the expanding scale of corporate bondswhich credit rating is more important. This paper detailed describes the principle ofmany mainstream credit rating method and compared to the bond rating approach, getfit the bond rating approach for this paper, So this paper selects the discriminantanalysis of the Logistic regression model and make factor analysis by credit ratingdata，and then take advantage of Logistic regression model to get China’s bond creditrating mode. In this paper, we will also compare the result of the Logistic regressionmodel with the results obtained by analytic hierarchy process (AHP). The lastillustrate the methods of the selection is more accurate. Therefore prove created basedon the Logistic regression model to predict the results of the Chinese bond creditrating is a more effective and precise...