Dochody jednostek samorządu terytorialnego jako najistotniejszy wyznacznik ich ratingu kredytowego w świetle metod dyskryminacyjnych

• Autorzy: Marcin Wiśniewski

Warianty tytułu

Incomes as a Municipalities Creditworthiness Indices - a Discriminant Analysis Approach

• Języki publikacji: PL

Abstrakty

W rozdziale tym wskazano najistotniejsze determinanty oceny wiarygodności kredytowej jednostek samorządu terytorialnego. W świetle powyższych rozważań zadanie to wydaje się ważne, a osiągnięte rezultaty mogą być wartościowe dla władz jst, gdyż takie informacje mogą ułatwić im podejmowanie decyzji w zakresie finansowania zadań jst, a także zmobilizować je do działań zmierzających do poprawy standingu kredytowego jst. (fragment tekstu)

EN

The information about the credibility of debtor (issuer) is one of the most important determinant of financial investment decisions. For a hundred year credit rating agencies are helping investors giving them the knowledge about creditworthiness of analyzed entities, also about municipalities. While establishing the rating, the agencies are taking into account many factors and features concerning the debtor and its environment. From the 60's of 20th century the researchers are trying to estimate the credit ratings (also of the municipalities), mainly to identify which factors are the most important for the credit rating agencies opinion. Since the municipal debt market became an important part of Polish financial market, the information about the creditworthiness of the municipalities had become very important. In this paper, following the American studies, the author has made an attempt to asses credit ratings of Polish municipalities, due to find which factors of these grades are the most crucial. In particular, the author has estimated the discriminant function, which could classify municipalities - basing on the financial information about them - into two groups: the prime credibility units and the standard credibility units. The obtained results have allowed to draw some conclusions, especially useful for the local authorities.(original abstract)

Słowa kluczowe

PL

Dochody gminy; Analiza dyskryminacyjna; Rating; Ocena zdolności kredytowej

EN

Local revenues; Discriminant analysis; Rating; Credit rating

• Czasopismo: Rozprawy i Studia / Uniwersytet Szczeciński
• Rocznik: 2011
• Numer: nr 795
• Strony: 167--178

Twórcy

autor

Marcin Wiśniewski

Bibliografia

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