The Study Of Corporation Credit Policies' Lackness & It's Improvement Manners

China's market economy has alredy entered into the buyer's market stage, in the competitive highly environment, credit sales naturally becomes an inevitable choice for enterprise to snatch customers and increase market shares..However, credit sales is a double-edged sword::it can expand the sales, but it also can bring in the customer's credit risk-bad debt and capital flow problems caused by the accounts receivable. How to find the balance between income and risk is one of the most important problems foe the corporation's sustainable development. To strengthen credit management is the key to solve this problem, as the guiding, corporation credit policies becomes more important. However, in China, credit management is still in its infancy stage, there are many problems in credit policies, which makes the credit sales not play. its role effectively..In the introduction part, it briefly introduces the background and significance of the topic, research status, the contents and framework of this paper. Secondly, the paper summarises the concepts of credit and credit policies by studying the results of previous research. Then, the paper analizes the tightness of credit policies from the perspectives of influencing factors and costs. on the basis of the above analises, the paper point out how to choose credit policies. Then, the paper briefly summarizes the lackness of China's corporation credit policies. The problems are blindness, incomplete, lack of flexibility. And the reasons are:the imperfections of a social credit system, asymmetric information and the corporation's internal problenms. Finally, in view of the above problems and reasons, the paper points out how to improve the credit policies, it includes:promote the social credit system construction, strengthen the credit culture, strengthen credit management awareness, establish an effective credit management organization, improve credit management processes.