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近年来,国内对KMV模型开始进行相关研究。张玲、张佳林(2000),王琼、陈金贤(2002)先后对KMV模型进行了与其它模型的分析和比较,认为KMV模型比一些只注重财务数据分析的模型更加适用于上市公司的风险评价分析。吴冲锋、程鹏(2002)使用KMV模型针对15加沪深股市的上市公司进行了信用状况上的分析比较,得出的结论则是绩优公司信用状况最好,其次是高科技公司,ST公司信用状况则垫底。鲁炜等(2003)认为,企业的市场价值波动在股权市场的波动是随着市场关系的变化而不同。杨星(2004)应用KMV模型的研究
In recent years, domestic KMV model began to carry out relevant research. Zhang Ling, Zhang Jialin (2000), Wang Qiong, and Chen Jinxian (2002) successively analyzed and compared the KMV model with other models, and concluded that the KMV model is more suitable for risk assessment of listed companies than some models focusing on financial data analysis . Wu Chongfeng and Cheng Peng (2002) analyzed and compared the credit status of listed companies in 15 plus Shanghai and Shenzhen stock markets using KMV model. The conclusion was that credit rating of top-performing companies was the best, followed by high-tech companies, ST companies Credit conditions at the end. Lu Wei et al. (2003) argue that the volatility of the firm’s market value in the equity market is different as the market changes. Yang Xing (2004) Application of KMV model research