Enterprise Credit Rating Theory and Practice: A Series on Credit Economics

Author: Lin Hanquan
Publisher:
Publish Date: 2003-11-01
Features: Credit is not only the cornerstone of the financial system but also the cornerstone of the entire market economy. A sound credit system is the basic guarantee for the normal operation of enterprises and the healthy functioning of the national economy. The purpose of corporate credit rating is to reveal and prevent credit risks, reduce transaction costs, and assist the government in financial regulation and macro-control. Corporate Credit Rating Theory and Practice elaborates on the theoretical perspectives of credit rating, providing operational credit rating methods and procedures for credit rating agencies to assess industrial enterprises, manufacturing enterprises, and circulation enterprises, as well as construction, installation, real estate development, and tourism enterprises, financial enterprises. It also provides a reference basis for various stakeholders of enterprises to make investment, credit, and other decisions.
This book starts with the "Tragedy of the Commons" and the "Tragedy of Credit," proposing that credit management is the key to corporate success. It not only elaborates on corporate credit rating from a theoretical perspective but also provides numerous techniques and methods from a practical standpoint, offering operational methods for credit rating agencies to assess industrial enterprises, manufacturing enterprises, circulation enterprises, construction, installation, real estate development, and tourism enterprises. It also serves as a basis for investors and creditors of enterprises to make decisions.