Research On The Credit Evaluation System Of Construction Enterprises Based On SEM

The problem of construction market credit has been the subject of attention from all social circles,the lack of credit behavior in construction enterprises can undermine the normal market order,increase transaction costs and reduce the rate of resource allocation.The establishment of the construction enterprise credit evaluation system can regulate the behavior of the construction enterprise,create a good credit atmosphere,ensure the quality of building products,which is of great significance to promote the social credit system construction.At present,there is no unified evaluation system,the existing evaluation system is not perfect and systematic.In view of this,taking the construction enterprise credit as the research object,based on structural equation model,combing the theory and data analysis,selecting the credit evaluation indicators,improving the credit evaluation system.First of all,based on the research status at home and abroad,the concept and the evaluation principles of construction enterprise credit is carded.Analyzing the current situation of credit evaluation system construction in representative provinces and cities,and points out the advantages and disadvantages of the existing credit evaluation system.Secondly,the evaluation index system is established.The existing evaluation index system is compared with the existing literature research,from this,the credit evaluation index is initial selected.Through the questionnaire survey and data analysis,the index system is optimized,finally the evaluation index is established,such as five primary level indicators including enterprise level and so on,twenty secondary indicators including enterprise qualification etc.Finally,the evaluation model is constructed.The definition and advantages of SEM are briefly introduced and the theoretical model is established.Through the empirical questionnaire survey,combined with the index system and data analysis,according to the MI correction coefficient,the model is modified and a better fit evaluation model is obtained.According to the path coefficient of the model,the weight coefficient of each index is obtained,and the case analysis is carried out.The conclusion is that the practicability and validity of the model are verified.