'The Impact Of External Factors On The Decision Togrant A Loan. A Case Studz On Romanian Banks '

Autor:	Lucian Gaban
Rok vydání:	2016
Předmět:	Actuarial science Earnings before interest taxes depreciation and amortization Loan media_common.quotation_subject Romanian Logit language Quality (business) General Medicine Business Logistic regression language.human_language media_common
Zdroj:	Annales Universitatis Apulensis Series Oeconomica. 1:15-26
ISSN:	2344-4975 1454-9409
DOI:	10.29302/oeconomica.2016.18.1.1
Popis:	The objective of this study is to identify external factors having a significant impacton the probability of granting a loan, and to construct a credit scoring model for small andmedium enterprises. Applying the logit analysis, we have found three external predictors whichcharacterize the firm's financial condition. These predictors are as follows: EBITDA, ROI, andCR, and they influence the decision to grant a loan. The significant non-linear effects improvethe quality and prediction power of the model. These external factors predict 85 percent, a highpercentage of correctly classified observations.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::aaae19f64eeb4f05979a47c3604ada32 https://doi.org/10.29302/oeconomica.2016.18.1.1 Zobrazit plný text záznamu