APPLICATION OF LOGISTIC MODELS IN RATING CREDIT OF LISTED CONSTRUCTION ENTERPRICES IN VIETNAM | Ngọc | TNU Journal of Science and Technology

APPLICATION OF LOGISTIC MODELS IN RATING CREDIT OF LISTED CONSTRUCTION ENTERPRICES IN VIETNAM

About this article

Published: 16/10/17

Authors

1. Dong Thi Hong Ngoc Email to author, University of Economics and Business Administration - TNU
2. Nguyen Quynh Hoa, University of Economics and Business Administration - TNU
3. Nguyen Thi Thu Huong, University of Economics and Business Administration - TNU
4. Hoang Thanh Hai, University of Economics and Business Administration - TNU
5. Nguyen Thi Thu Hang, University of Economics and Business Administration - TNU

Abstract


In recent years, a number of banks have made their own credit rating models with the aim of preventing and mitigating credit risk, reducing bad debts, meeting the Basel Committee’s  and State Bank’s requirements. Quantitative trend is also increasing rapidly because of its superiority to previous qualitative methods. This paper presents the application of logistic model in credit rating of listed companies in Vietnam. The results indicatecredit rating models of 12 companies listed on the stock market of Vietnam. In fact, it is possible to set up its credit rating models suitable to the activities n of each enterprise.


Keywords


Banking, construction enterprises, credit rating, Logistic model, risk management.

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