%A Lucian, Găban
%D 2016
%T THE IMPACT OF EXTERNAL FACTORS ON THE DECISION TO GRANT A LOAN. A CASE STUDY ON ROMANIAN BANKS
%K
%X The objective of this study is to identify external factors having a significant impact on the probability of granting a loan, and to construct a credit scoring model for small and medium enterprises. Applying the logit analysis, we have found three external predictors which characterize the firm's financial condition. These predictors are as follows: EBITDA, ROI, and CR, and they influence the decision to grant a loan. The significant non-linear effects improve the quality and prediction power of the model. These external factors predict 85 percent, a high percentage of correctly classified observations.
%U http://journals.uab.ro/index.php/oeconomica/article/view/203
%J Annales Universitatis Apulensis Series Oeconomica
%0 Journal Article
%P 15-25%V 1
%N 18
%@ 2344-4975
%8 2016-06-30