Notice of RetractionEvaluating the industry credit risk

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

Credit health is critical to industry survival especially in economic crisis. This article on a fresh perspective looks into this subject by the Battese and Coelli´s stochastic boundary model joined with Chinese manufacturing corporate financial data from 2002 through 2008. The empirical results concluded that there is a negative relationship between the corporate performance and its inner credit risk, respectively showing that strict financial controls on debt, accounts receivable collection and sufficient cash holding will reduce corporate credit risk and enforce operating efficiency.