The Research on Long-Term Financial Early-Warning System of Listed Companies

Wei Ming Mou; Shui Bin Gu

doi:10.4028/www.scientific.net/AMR.670.216

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HomeAdvanced Materials ResearchAdvanced Materials Research Vol. 670The Research on Long-Term Financial Early-Warning...

The Research on Long-Term Financial Early-Warning System of Listed Companies

Abstract:

The article takes listed companies as research samples. Firstly, it selects 36 ST or *ST companies listed in Shanghai and Shenzhen Stock Exchange Market, who received special treatment during 2007 to 2009 for the first time and it also chooses another 36 normal companies as paired ones. Then, after using Factor analysis for identifying indexes, the paper go on with utilizing logistic to structure a financial long-term warning model. To verify the effectiveness of the model, the paper selects another 12 financial crisis companies and 12 financial fit companies to test. The results come out to show that establishing an effective long-term financial early-warning system helps enterprises to avoid financial crisis.

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Periodical:

Advanced Materials Research (Volume 670)

Pages:

216-221

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.670.216

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Online since:

March 2013

Authors:

Wei Ming Mou, Shui Bin Gu

Keywords:

Financial Crisis, Financial Early Warning, Logistic Regression Analysis

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