Abstract

This paper selects the financial data of 80 listed pharmaceutical small and medium-sized enterprises (SMEs) to build a credit risk evaluation system, and compares the risk evaluation effect of Logistic model and support vector machine (SVM) model on the basis of factor analysis. The results show that the overall prediction accuracy of SVM model is 3.7% higher than that of Logistic model, and the first type of error rate is lower at 12.3%, which indicates the superiority and effectiveness of SVM model applied to the credit risk evaluation of the pharmaceutical industry under the supply chain finance (SCF) mode.

Details

Title
Evaluation of financial credit risk on pharmaceutical supply chain based on support vector machine
Author
Liu, Pingshan 1 ; Zeng, Ziming 1 

 Business School, Guilin University of Electronic Technology, Guangxi, China 
Publication year
2021
Publication date
Jan 2021
Publisher
IOP Publishing
ISSN
17426588
e-ISSN
17426596
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2513033038
Copyright
© 2021. This work is published under http://creativecommons.org/licenses/by/3.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.