文章基本信息

标题：Predicting Credit Risks Using Sustainability Criteria Into Credit Risk Management.
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作者：Teddy Oswari ; Teddy Oswari
期刊名称：International Research Journal of Business Studies
印刷版ISSN：2089-6271
电子版ISSN：2338-4565
出版年度：2008
卷号：1
期号：2
页码：187-201
语种：English
出版社：Prasetiya Mulya Publishing
摘要：Many researchers have reported that there is a correlation between a companys environmental performances with its financial performance. The role of criteria pertaining to sustainability and environmental orientation could play important roles in credit risk management process. The sustainability criteria can be used to predict fnancial performance of a debtor and, thus, improve predictive ability of a credit rating process. This article tests the relationship by using three sustainability measures as independent variables and traditional rating as dependent variable in a stepwise regression model. The result shows improvement in prediction. However, the use of additional criteria will increase cost in the prediction process. Further cost-beneft analysis related to the addition of those criteria would be valuable for credit risk management practices.
关键词：Credit risk rating;risk management;traditional rating;sustainability ratings