Effects of Corporate Social Responsibility and Governance on Its Credit Ratings

Table 1

Criteria of credit rating.

Items	Variables	Assigned scores
Stability	Ratio of net worth to total capital	10
	Debt/sale	10
Liquidity	Sale/NCR (net capital ratio)	10
	Current ratio	10
Profitability	Ratio of net income to total capital	10
	Financial cost burden	10
Growth	Sales growth	5
	Total assets growth	5
Activity	Total assets turnover ratio	5
	Accounts receivable turnover ratio	5
Size	Total assets	7.5
	Sales	7.5
Nonfinancial	Corporate type	3
	Others	2
Total		100