Research On Small Enterprise Credit Risk Assessment And Management

Credit risk evaluation is to solve the current our country small and medium-sizedenterprise financing difficult problem. Credit risk management practices andconstantly promote the evaluation theory research, at the same time, a series ofresearch achievements in this field and promote the establishment and improvementof credit risk management system. Compared with the western developed countries,China’s credit risk assessment research started late work. At present, the KMV modelare discussed in theory and practice, mainly based on the financial data point valuesto calculate the distance to default, ignored the reality problems of credit practice,resulting in the model accuracy greatly. This article is in this conte The Pearl RiverDelta plore, began to The Pearl River Delta plore in the field, evaluation method ofcredit risk of smes.This article from the research background and meaning, the related literaturesare reviewed to measure credit risk and small business credit risk management, andrelated theories of credit risk evaluation for small businesses and concept are outlinedand analyzed the status quo of China’s small and medium enterprises credit riskassessment and the existing problems, on the basis of the analysis of credit evaluationmethod small and medium enterprises to setting up a model of credit risk KMV smallbusiness, and in small and medium-sized manufacturing enterprises in the Pearl RiverDelta credit empirical research on risk evaluation, finally put forward to strengthenthe small business credit risk management measures and suggestions.