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Credit Risk Measurement of Chinese Listed Corporations Based on the KMV Model

机译:基于KMV模型的中国上市公司信用风险计量

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摘要

Credit risk management has become a fundamental and crucial work for commercial banks. This paper studies the credit risk measurement of listed corporations by using various types of credit risk models, and analyzes their applicability in China. This paper also makes an empirical analysis to the Chinese fisted corporations' credit risk on the basis of the KMV model. Finally, several proposals on how to enhance credit risk management ability of Chinese listed corporations arc put forward.
机译:信用风险管理已成为商业银行的基础和关键工作。本文运用各种类型的信用风险模型研究了上市公司的信用风险计量方法,并分析了其在中国的适用性。本文还基于KMV模型对中国拳头企业的信用风险进行了实证分析。最后,针对如何提高中国上市公司的信用风险管理能力提出了几点建议。

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