Research Of Listed Companies In China Financial Crisis Early-warning Model

In the international financial crisis,there are many variables in China's listed companies in the survival and development of both internal and external environment.the possibility of the Financial crisis that occurred at the company increased greatly.In fact,the outbreak of the financial crisis is a process:of gradual accumulation.The formation of the financial crisis and the outbreak of the process,there is always can be turned into opportunities.Therefore,Early detection of omen for informing managers and investors,as soon as possible in order to take effective measures to eliminate potential crisis,that is a listed company to establish an early warning system of financial crisis,it is very worthy of study.This paper studies the financial crisis in a large number of the basic theory of early warning and depth analysis of the root causes of the financial crisis.Logistic regression model it is the use of listed companies on China's financial crisis early-warning model of empirical research.In the empirical analysis using principal component analysis to optimize the financial indicators tick election and non-financial indicators further divided into two types:the Sort of quantitative non-financial indicators and Dummy variable indicators.Thus easier to make non-financial indicators of the variables involved in the enterprise model of the financial early warning.Conclusion of this study demonstrated the feasibility of the financial early-warning model Subjectively,and Objectively proved financial data of listed companies in China announced is reliable.