Theoretical and Applied Economics
No. 9 / 2010 (550)
Building a Scoring Model for Small and Medium Enterprises
Bucharest Academy of Economic Studies
Maria DIMITRIU
Bucharest Academy of Economic Studies
Maria-Ramona DINU
„Politehnica” University of Bucharest
Abstract. The purpose of the paper is to produce a scoring model for small and medium enterprises seeking financing through a bank loan. To analyze the loan application, scoring system developed for companies is as follows: scoring quantitative factors and scoring qualitative factors. We have estimated the probability of default using logistic regression. Regression coefficients determination was made with a solver in Excel using five ratios as input data. Analyses and simulations were conducted on a sample of 113 companies, all accepted for funding. Based on financial information obtained over two years, 2007 and 2008, we could establishe and appreciate the default value.
Contents
Integral Analysis as System of Measurement and Management of Intellectual Capitals in Companies
State versus Market. Some arguments to surpass the “mirror approach”
Evaluation of Unacademic Behaviour and its Implications on Economic and Social Development
International Double Taxation Avoidance (Domestic Legal Regulations and Fiscal Conventions Concluded by Romania)
Towards a New Basel Accord with More Rigorous Settlements
Consumer Rights in Digital Economy. Case Study of Romanian e-commerce Usage
The Public Pension System of Romania between Crisis and Reforms. The Case of Special Pensions System
Building a Scoring Model for Small and Medium Enterprises