Font Size: a A A

A Study On Financial Crisis Early-warning For Listed Companies Of Sichuan Province

Posted on:2008-06-25Degree:MasterType:Thesis
Country:ChinaCandidate:X Y LiFull Text:PDF
GTID:2189360242957828Subject:Technical Economics and Management
Abstract/Summary:PDF Full Text Request
Since the foundation of China, the economy of Sichuan has been developing continuously and has strengthened remarkably. But comparing with the developed regions of East China, the economy benefit of Sichuan stands still has a large difference. The listed companies of Sichuan include a batch of best quality assets and have influenced the local economy since these years. Currently, some of the listed companies of Sichuan appear deficiency and financial standing unusually, even are subjected to ST or *ST because of the unbalance of corporate governance and the lowly quality of company management. Just in this background, this paper selects this problem for the thesis. And it has launched analysis and expounds in detail about the financial crisis early warning for listed companies of Sichuan.This paper's research aspects are as follows:At first, this paper gives definition of financial crisis after appraising on it, and selects Logistic Analysis as the empirical research method after comparing finance early warning researches between domestic and foreign scholars;Then, it does specific analysis on the related factor of financial crisis companies by analyzing the management environment of them, and brings up preventive measures against financial crisis in which the most important is to build the finance early warning system for companies;Next, it does deep research on the status quo of listed companies of Sichuan from four aspects including industry distribution, profiting ability, capital stock structure and secondary market performance, and discusses the specific performance of them;In the research of financial crisis early warning, using selected early warning index system and datum from listed companies of Sichuan, it chooses and uses Factor Analysis approach and Logistic Regression approach, two methods together, to get a prediction model. At the end, it successfully presents a early warning model with satisfied percentage that it correctly predicts.
Keywords/Search Tags:listed companies, financial crisis, early-warning, Factor Analysis, Logistic Analysis
PDF Full Text Request
Related items