摘要
信用风险已成为当今金融市场的重要风险之一。本文试图通过修正KMV模型使之更适用于我国上市公司信用风险度量。通过实证研究对其结果加以分析表明,修正后的KMV模型由于数据采集相对容易,计算操作简便,比较适合目前我国的信用风险管理水平,可用于对我国上市公司信用风险的度量,在我国信用风险管理领域有着广阔的发展空间。
Credit risk in financial markets has become one of the important risks. By modifing the KMV model, the paper tries to make it more suitable for China＇ s listed companies to apply in the credit risk measurement. Empirical research and analysis of the results indicate that the modified KMV model is more suitable for the Credit Risk Management in China because of its easy data collection and simple computerization. We believe that there will be very good development prospect in our country.
出处
《金融教育研究》
2011年第1期68-73,共6页
Research of Finance and Education
