Study On Questions About Credit Risk Management Of Corporations

For a long time,our country's enterprises of all types have been in trouble because of Accounts receivable which has been behind in payment.It is serious damage to the market economy and to the form's normal opreration, Yet lots of enterprises are forced to go out of the market for this.Although,from the outside view of a company, our abnormal market's order and terrible laws lead to those questions somehow,The lack of risk management inside is the fundamental reason. Therefore the careful study about the questions about credit risk management of enterprises would be highly significant both in theory and in practice.In the first, this paper introduces the status quo of enterprises' risk management in our country briefly, and analyze the relative questions and the importance about building mechanism of credit risk management inside corporations. At last, all sorts of definitions about credit have been summarized.The hard points of credit risk management are which credit risk should be measured and how to measure, because these works are the purpose of recognized risks and the basic of controlling those risks. By Five-Forces model, This article analyzes the reasons leading to credit risks, and demonstrate the risks is not only just from customers but also from suppliers, competitors, the corporation itself and credit environment around the corporations. Meanwhile, by making use of Empirical Research and Classified-Factors analysis on up to date financial data of our listed company, the index about reflection of the different state of credit risks, validating the effects of the index, has been included. Thanks to risk management works involving lots of quota factors and qualitative factors, the study shows the different level of credit risk factors by use of marking the factors and measures these factors completely and systemically. Finally in order to improving the actuality of credit risk management in the corporations of our country, this paper analyze the questions about how to recognize the risks and how to control the risks, which are related to building credit risk management mechanism in corporation.The significance of the paper is to analyze credit risk from a new point of view and expand the range of credit risk. By studying the financial data of our listed company, the index which is about reflection of the different state of credit risks has been found. The paper shows the conditions that is necessary to the effective performance of credit-risk management system, and demonstrates the systematical method that measures the credit risk.