Credit ratings convey credit risk information to participants in financial markets, including investors, issuers, intermediaries and regulators. This paper proposes an automatic text analysis system for financial news and analyzes the effects of news coverage and sentiment factors on credit ratings. Our experiment results show that firms with higher news coverage received worse ratings in the n...

Firm innovativeness and financing capacity are critical signals to stakeholders as they key drivers of firm performance competitiveness indicate the firm's ability fund its operations growth initiatives. Based on signaling theory, this study investigates effect a creditworthiness examines effectiveness. Using Korean innovation data Korea Investors Service financial for nine years, findings that...

Particularistic spending, a large literature argues, builds support for incumbents. This literature equates money spent in the district with the credit constituents allocate. Yet, constituents lack the necessary information andmotivation to allocate credit in this way.We use extensive observational and experimental evidence to showhow legislators’ credit claimingmessages—and not justmoney spent...

Risk management is a very important thing to do in company. Small and large scale company will never avoid risk.. This study aims identify risks, measure risks analyze evaluate the faced by ABC bank Kediri City, Indonesia. uses risk analysis with qualitative descriptive method. The stages measurement research are as follows identification, assessment, response. results of interviews director em...

We examine three models for sample selection that are relevant for modeling credit scoring by commercial banks. A binary choice model is used to examine the decision of whether or not to extend credit. The selectivity aspect enters because such models are based on samples of individuals to whom credit has already been given. A regression model with sample selection is suggested for predicting e...

In practice, a credit-worthy retailer frequently receives a permissible delay on the entire purchase amount without collateral deposits from his/her supplier (i.e., an up-stream full trade credit). By contrast, a retailer usually requests his/her credit-risk customers to pay a fraction of the purchase amount at the time of placing an order, and then grants a permissible delay on the remaining b...

This study wants to investigate the rating of the actual customers of banks based on credit risk using multiple criteria decision making and artificial intelligence hyperbolic regression. This is an applied research. The statistical population of the study includes the credit customers of Agriculture Bank in west branches of Mazandaran province, Iran in 2012-2016. A total of 100 cases have been...

ordered probit model was employed to investigate the factors affecting access to credit, allocated by iran agricultural bank to the needy in kohgilouieh and boirahmad province. based on the received credits, farmers were divided into five groups and the model estimated for these groups. the required data were collected by filling up of a number of 198 questionnaires by farmers in kohgilouieh an...

The study, aimed at evaluating the likely effects of the EC Directive on late payments, provides direct evidence that interfirm credit received by Italian manufacturing firms is, if ever, only slightly more expensive than bank loans. An econometric exercise shows that financial determinants have a stronger impact on recorded credit and debt periods for larger firms, able to use trade credit to ...