Enterprise Financial Crisis Study Based On The Gray Comprehensive Warning Model

Financial risk is a micro-economic risk which is the major risk faced by the enterprises. It exsists objectively during enterprise's survivor and development . How to effectively identify, evaluate, warn financial risk has always been the focus of academic research at home and abroad. Choosing effective financial risk warning model could help to accurately forecast the company's financial risks. There by reducing the company irreparable financial bad situation and effectively protect the investors'interests.This paper establish a new comprehensive fianancial warning model Based on risk management , gray system theory, fuzzy comprehensive evaluation theory. Based on financial indicators and AHP, the model use the grey system which could handle short information to deal with the experts'decentralized information in order to make it into a description of the different levels of gray type weights; then thouhg the single treatment method ,we can get the comprehensive appraisement results. This model is beneficial to the financial risk of horizontal and vertical comparative research.This paper from the economic environment of enterprises, Firstly it introduces the financial risk meaning, characteristics, financial risk management, and explaines its significance and value; Secondly, It gives a brief summary of comments on comprehensive study of financial risk early warning. Finally, a gray comprehensive evaluation model is established and applicated.