Study on Network Finance Risk on the Basis of Logit Model

Recently, network financial risks in china have developed very quickly. However, through logit model empirical analysis, this paper argues that there are still many problems in the network financial development china, such as laws and regulations problem, security problem, network infrastructure problem, etc. To solve these problems, on the financial perspective, this paper considers that we should formulate a model, strengthen the network security. Comparing with the previous dual model which makes a judgment on the credit risk of listed companies, the cumulative ternary Logit model can better judge this speculative grade company’s credit risk status.