Unascertained Measure Evaluation in Financial Distress Prediction of Listed Company

Abstract:

Evaluation system of financial distress prediction of listed company was established base on the non-financial index cooperated with financial index widespread. And the procedure of the application of unascertained measure model to financial distress prediction was stated in brief. We focused on a certain listed company of Harbin city in Heilongjiang Province, the results showed that the financial risk of this company was moderate-warning according unascertained measure model. It was found that the application of unascertained measure model to financial distress prediction of listed company was feasible. Meanwhile, this method solved the problem of the weight which was presented subjective judgment in market evolution, and promoted the market process fairer and more scientific. The unascertained measure model was very worthy of research significance and prospect.

• Periodical: Applied Mechanics and Materials (Volumes 687-691)
• Pages: 5131-5135
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.687-691.5131
• Online since: November 2014
• Authors: Hai Yan Zhao*, Juan Li
• Keywords: Entropy Weight, Financial Distress Prediction, Unascertained Measure

References

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