Empirical Study Of Financial Distress Prediction On Private Listed Company

Financial distress prediction is an essential field in finance. Enterprises fall into financial difficulties is to be a dynamic, continuous process, shown a series of financial characteristics. The existence of recession makes enterprises dilemma can be identified and scientifically predicted.At present, the private economy in the national economy has developed into an important part of the national economy. Private enterprises have become the most active areas of economic growth in national economy。More and more private enterprises begin to taking the road of listing. However, warning research of private enterprises in financial distress is rare. So the study in this paper is limited to private listed companies.This paper sample nineteen listed companies which was announced the implementation of special treatment for financial difficulties, adopting single-variable analysis, multivariate discriminant analysis and logistic multiple regression analysis by matching research methods to research,model and verify private listed company's financial early warning.