Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)

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Research on Credit Risk Assessment of Small and Medium-sized Enterprises by COVID-19 and Supply Chain Finance

Authors
Zijia Liu1, *
1School of Economics, Shandong Normal University, Jinan, 250000, Shandong, China
*Corresponding author. Email: lzj0625@yeah.net
Corresponding Author
Zijia Liu
Available Online 31 December 2022.
DOI
10.2991/978-94-6463-036-7_237How to use a DOI?
Keywords
Credit Risk; Small and medium-sized enterprises; COVID-19; Supply Chain Finance; Principal Component Analysis; Logistic Regression
Abstract

The global economy has a huge fluctuation, because there was a big shock to industries by COVID-19. In this context, supply chain financing is becoming a convenient and efficient way to help small and medium-sized enterprises(SMEs) take the next step, which is why it is experiencing rapid development in China. Under the influence of this, the credit risk of different sectors has undergone a large change. The research built a credit risk index system of listed SMEs based on COVID-19 and supply chain finance(SCF). With the principal component analysis and logistic model, the credit risk of 100 listed SMEs in China based on default probability was analyzed. Finally, the paper applied the mode to the instance and got the situation of credit risk for other companies. The results show the reasonability and practicability of the evaluation model. This model can identify key factors affecting the credit risk, providing a basis for the credit risk evaluation and control of SMEs in the period of returning to production. The researcher found that this is also a great way to improve the choice of financing for banks and other financial institutions to further cut losses in implementing projects of SCF.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
31 December 2022
ISBN
10.2991/978-94-6463-036-7_237
ISSN
2352-5428
DOI
10.2991/978-94-6463-036-7_237How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Zijia Liu
PY  - 2022
DA  - 2022/12/31
TI  - Research on Credit Risk Assessment of Small and Medium-sized Enterprises by COVID-19 and Supply Chain Finance
BT  - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
PB  - Atlantis Press
SP  - 1586
EP  - 1591
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-036-7_237
DO  - 10.2991/978-94-6463-036-7_237
ID  - Liu2022
ER  -