本研究使用2003 至2009 年間，某商業銀行南部地區中368 家中小企業合計1,427筆徵信報告資料，建立中小企業授信評等模型及探討中小企業主及公司其財務特性如何影響徵信評等等級。實證結果發現當中小企業負責人個人活期存款總金額、支票存款總金額、外幣存款總金額、以及個人名下所擁有土地市價金額愈高，同時中小企業員工總人數愈多、總放款金額愈高、財務結構、償債能力、經營能力、獲利能力愈佳，則其徵信風險愈低。當中小企業負責人年齡愈大、學歷為學士、大專、高中、國中或國小(以下)，以及中小企業處於「成長期」「成熟期」「迅速好轉」或「略為惡化」時，則其徵信風險愈高。 Using regional loan data on credit rating for 368 of Small and Median Enterprises (SME)operating in southern Taiwan over 2003 to 2009, this paper assesses the credit rating modeland empirically investigates the impacts the owner’s and SEM’s financial characteristics oncredit rating of loans. SMEs with lower credit risk are positively related to owner’s private deposits of time, check, and foreign currency, and land as well as SME’s total employee,loanable funds, financial structure, debt-refundable, operating, and profitability bility.Otherwise, old owner with education degree of college, senior or junior high school, or(under) elementary school, particular at the stage of declining, instantly improved, and slightly worsen, are negatively related to higher credit risk for SMEs.
