| Summary: | 碩士 === 樹德科技大學 === 金融系碩士班 === 104 === Credit rating is the important reference for firm financing while corporate governance play substantial effect on credit rating. This thesis uses corporate governance and financial indexes to assess credit rating based on the State-Owned Banks from 1996 to 2015. First, the correlating analysis is used to solve the collinearity problem between corporate governance and financial ratios. Finally, the binary logistic regression model is used to analyze the impact of corporate governance and financial indexes on credit rating. Empirical results indicate that board size, major shareholders, net asset value, current prepare ratio, and EPS have significant effect on credit rating.
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