Financial indicators and their effect on credit rating

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F10%3A86076421" target="_blank" >RIV/61989100:27510/10:86076421 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Financial indicators and their effect on credit rating

Popis výsledku v původním jazyce

The paper examines the role of various financial variables on credit rating assessment by using discriminant analysis in the evidence of Central and Eastern European countries. The main results of the paper are that there are several main financial variables with the highest impact on credit rating: return on assets, total debt to total assets, interest cover and return on shareholders' equity. It is evident that capital structure, profitability and the firm's ability to meet interest payments are the most important variables for a credit rating assignment. These variables are simply-to-use and often publically available. Thus, we obtained a useful instrument that can be applied in the first stage of accessing companies without agencies' rating.

Název v anglickém jazyce

Financial indicators and their effect on credit rating

Popis výsledku anglicky

The paper examines the role of various financial variables on credit rating assessment by using discriminant analysis in the evidence of Central and Eastern European countries. The main results of the paper are that there are several main financial variables with the highest impact on credit rating: return on assets, total debt to total assets, interest cover and return on shareholders' equity. It is evident that capital structure, profitability and the firm's ability to meet interest payments are the most important variables for a credit rating assignment. These variables are simply-to-use and often publically available. Thus, we obtained a useful instrument that can be applied in the first stage of accessing companies without agencies' rating.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2010

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

ECON10

ISSN

1803-3865

e-ISSN

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Svazek periodika

17

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

9

Strana od-do

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Kód UT WoS článku

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EID výsledku v databázi Scopus

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