Study On Corporate Credit Risk Assessment In The Perspective Of Supply Chain Finance

Supply chain finance,aiming at solving the finance problem of small and mediumsized enterprises,grows rapidly in recent years.By offering this finance production,many enterprises especially small and medium-sized enterprises can get the loan from banks,supply chain can improve its operational efficiency and the bank will develop further.While with the rapid development of this financial business,there is a need to develop an effective assessment model helping us to manage the credit risk well.In this paper,on the basis of related theory research,we develops a study on corporate credit risk evaluation model under the background of Supply Chain Finance.At first,after reading and absorbing existing related researches,,the paper illustrates the background and expounds the concept,main characteristics,and the models of this financial production.Then,it elaborates the credit risk theory and analyzes the evaluation models.In addition,it completes a research on the sources of credit risk and assessment model on Supply Chain Finance.Secondly,the paper combines traditional assessment model and Supply Chain Finance's characteristics and selects the financing enterprise qualification,core enterprise qualification,asset quality,supply chain operations ability and industry environment as five dimensions to analyze credit risk factors of enterprises.Then,this paper builds up an evaluation index system to identify factors affecting credit risk in this business.Thirdly,this article collecting information of 148 listed companies from different industries in our country and adopting Logistic as the measure method,this paper builds up a credit risk evaluation model,which can improve the effectiveness of credit risk assessment.Based on this research,we can see that some important factors have an effect on the result of risk evaluation,such as development capability of financing company,the industrial environment and so on.This paper builds up an evaluation model can improve the objectivity and accuracy of assessment results.