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Validation Comparison of Credit Rating Models for Categorized Financial Data
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 Title & Authors
Validation Comparison of Credit Rating Models for Categorized Financial Data
Hong, Chong-Sun; Lee, Chang-Hyuk; Kim, Ji-Hun;
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 Abstract
Current credit evaluation models based on only financial data except non-financial data are used continuous data and produce credit scores for the ranking. In this work, some problems of the credit evaluation models based on transformed continuous financial data are discussed and we propose improved credit evaluation models based on categorized financial data. After analyzing and comparing goodness-of-fit tests of two models, the availability of the credit evaluation models for categorized financial data is explained.
 Keywords
Credit rating model;categorical data;financial data;performance;stepwise variable selection;validation;
 Language
Korean
 Cited by
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