【摘要】 借鉴 KMV公司信用计量方法 ,提出可以用该方法中的“违约距离”对我国上市公司的信用状况进行分析。选取了 1 5家上市公司 ,使用其股票价格历史数据和财务报表数据计算各家公司的“违约距离”,从而对它们的信用状况进行比较。最后指出“违约距离”在公司信用状况分析应用中需进一步开展的工作更多还原

【Abstract】 The credit rating system is not perfect in China. The credit rate coming from the current credit rating method is inaccurate and the rate is not real time. Firstly, this paper reviews the credit measurement method of KMV, and poposes that “Distance to Default” is a good method to analyze credit status of Chinese listed companies. Then, the paper selects 15 listed companies, analyzes their “Distance to Default” using their stock prices and their financial statement data, and compares their credit status. At last, the paper points out the future research.更多还原