The Listed Companies Empirical Study Of Risks Affecting Factors

Modern economy, There is credit everywhere. Right under the backdrop of theglobalization expansion of credit, made all the parties of the economic benefits facegreater credit risks. Since the year2008, because of the financial crisis, Nationalfinancial system payed more and more attentions to the credit risks. The research ofcredit risk, Especially the correct approach has become the focus of some financialinstitutions, investors and the government regulator. The credit risk of enterprises, Inparticular, listed companies to credit risk problem; it will become the focus of theparties concerned. How big the credit risk is; how to proceed to the effectively measuresthem and the key factors of influencing the listed companies’ credit risks; whichmentioned in the previous become the vexed question to perplex all the main bodiesrelated to the interests.This article is on the basis of Edward Altman’s Z-Score Model attempting tomake use of the credit risk prediction models in the western developed countries, toanalyse the factors of influencing the listed companies’ credit risks. On the theoreticalbasis of summarized and analysed the factors of influencing the credit risks, Provided by thecredit risk factor to influence the theory that Combined with the characteristics of alisted company. Keyly using, in HuShi in the year of2008and2009, and then useSpss11.5the software for data analysis, Including the descriptive statistics analysisand regression of the results of the tests, Effectiveness of tests and Stability test. Getthe following conclusions: Assets scale and structure, the long-term solvencyprofitability and development ability, Stock, the largest concentration of the naturehave a significant effect on the listed company credit risk;Working ability, and cashflow of control, the independent director of audit opinion have no effect on the creditrisk.Final, Article try to put forward the coping strategy for the listed companiescredit risks, in accordance with the key factors of influencing the listed companiescredit risks.