In the market economy, there are many dishonest behaviors in China, such as default on payment, breach of contract and disclosure of false information. , significantly increased the business risks of enterprises, such as tight liquidity, increased bad debts, operational difficulties and so on. Credit risk can also be spread through related parties. If not controlled, the whole market economy will be paralyzed. The research on enterprise credit risk analysis and control is of great significance.
The most common credit risk of enterprises is the risk of default, which means that debtors who should repay their debts in a certain period of time in the future cannot repay them on time and in quantity for various reasons, thus bringing possible economic losses to banks or other financial institutions. There are different credit risks, which generally depend on the economic losses caused by the debtor's default. There are broad and narrow definitions of credit risk. The narrow sense of credit risk usually refers to the credit default risk of an enterprise, that is, the borrower fails to complete the agreed items in the original contract with good quality and quantity, thus causing losses to banks and other financial institutions. Credit risk in a broad sense refers to the possibility of loss caused by the deterioration of customer quality. For example, when an enterprise conducts economic business with other companies, it may face the other party's breach of contract, which increases the external liabilities of the enterprise and may be converted into internal liabilities of the enterprise.
Enterprise credit risk has the characteristics of objective existence, uncertainty, correlation, concealment and controllability, mainly manifested in default and disclosure of false information. Based on the analysis of enterprise credit risk, we can take targeted control measures according to the above characteristics and manifestations. We should not only realize the objective existence of enterprise credit risk, but also take corresponding countermeasures to control it within a reasonable range so as not to affect the normal operation of enterprises.