@article{MAKHILLIBM202115627568,
    title = {Initial Journey of Designing Credit Rating for Micro and Small Enterprises},
    journal = {International Business Management},
    volume = {15},
    number = {6},
    pages = {269-278},
    year = {2021},
    issn = {1993-5250},
    doi = {ibm.2021.269.278},
    url = {https://makhillpublications.co/view-article.php?issn=1993-5250&doi=ibm.2021.269.278},
    author = {Bramantyo},
    keywords = {Credit rating,micro and small enterprises,logistic regression,creditworthiness,default},
    abstract = {While credit ratings for big companies and
public institutions are available in almost every country,
the credit ratings for small and medium enterprises are
very rare. Even more, the credit ratings for micro and
small enterprises are not available despite their economic
contribution in every country. This study aims at
providing an initial journey of designing a credit risk
model for micro and small enterprises. This study focuses
on the exploration of literatures related to credit ratings
for small, medium and large corporation as well as for
public institution. These credit rating models are used as
the basis of developing the credit rating model for micro
and small enterprises. After considering the availability of
types of data, sources of data and statistical approaches,
logistic regression with five groups of independent
variables is proposed as the appropriate credit rating
modelling.}
    }