Business Commons^™

Forecasting Credit Ratings Using An Ann And Statistical Techniques, Kuldeep Kumar, John Haynes

Kuldeep Kumar

In a liberal environment the conceptual importance of credit rating has increased significantly. The objective of this study is to explore and find out the effect of the financial performance data of a firm relative to the credit rating of a debt issue of that firm. The study also proposes to capture the relationship, if any, between financial performance data and credit rating given by experts in an appropriate model. Financial data relevant to debt issue ratings are obtained from the publications of a premier credit rating agency in India. Data analysis involved the building of a model using conventional …