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ABSTRACT
As from to
Chineseeconomic market
systemchangedplannedeconomy eeonomB
riskwhich
fluctuationofeconomyenvironment,thethefinancial
increasing
institutionbefacedwithbecome those whichfinancial
risks
aggravated.In
are creditriskis tothemost thento
corporationsundertaking amounting part.And
financialinstitution risk,and riskbecome
appraisingrisk,controllingeliminating
most traditionaltools creditrisk are:
urgentassignment.The analyzing primary
corporation statement rati0
backgroundanalysis,financialanalysis,financialanalysis,
forecast.Inthisarticle method
cashflow and finance anew was
company put
analysis
forward:fistof creditleveltransitionmatrix historicalcredit
all,construct utilizing
then default thesametime
appraisingdata,andestimatingprobability,at measuring
thedefault last theuniteddefault
probabilityusingoptionpricing,atanalyzing
credit
ismort method riskfrom
precise appraising quantitative
probability.That
aspect.
Onthe creditriskanew tOreducethecreditriskis
groundworkquantifying way
affordedundertheChinesecurrenteconomiccircumstancethatis
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