THE ATTEMPT TO CREATE AN INTERNAL CREDIT RISK RATING OF PRODUCTION COMPANIES WITH THE USE OF OPERATIONAL RESEARCH METHOD
THE ATTEMPT TO CREATE AN INTERNAL CREDIT RISK RATING OF PRODUCTION COMPANIES WITH THE USE OF OPERATIONAL RESEARCH METHOD
Author(s): Katarzyna Wardzińska, Ewa ChodakowskaSubject(s): Economy
Published by: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
Keywords: rating; credit risk; operational research; DEA
Summary/Abstract: In the article the ratings developed by Moody's Corporation, Standard & Poor's Ratings Services and financial data of Polish windows manufactures were analyzed. Ratings published by international agencies were compared with an independently developed rating. Authors made an attempt to verify the hypothesis whether the internal rating created by means of operational research method, significantly differs from the ratings prepared by international rating agencies. In the article mathematical possibilities of potential changes in credit rating were presented.
Journal: Metody Ilościowe w Badaniach Ekonomicznych
- Issue Year: XIV/2013
- Issue No: 1
- Page Range: 74-83
- Page Count: 10
- Language: English
