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Research On Financial Risk Early Warning Of MS Company Based On Grey System Theory

Posted on:2020-11-28Degree:MasterType:Thesis
Country:ChinaCandidate:X Y TangFull Text:PDF
GTID:2439330590463906Subject:Accounting
Abstract/Summary:PDF Full Text Request
The Traditional food manufacturing equipment pays less attention to environmental and food safety attributes,which to some extent,it has caused the waste of resources,a large number of waste discharge,ecological environment pollution.At the same time,it is difficult to ensure the quality and safety of processed food.In order to solve the problem of environmental resources in the food industry,China has issued relevant environmental protection policies.the competition pattern of the food industry has been developing towards the direction of multi-field,whole chain,high efficiency and sustainable development.As a result,many food manufacturing enterprises are facing financial deterioration and financial risks are on the verge of breaking out.How to strengthen the financial risk management of food manufacturing enterprises has become a topic concerned by all parties.The financial warning system can analyze the internal and external environment of food manufacturing enterprises,monitor and predict the financial operation status of enterprises,and send the financial risk signals as early as possible before the risk comes,so as to guarantee the operation safety of enterprises to the greatest extent.Therefore,in the current situation,it is of great practical significance to select food manufacturing enterprises for financial risk warning research.This paper aims to build MS company's financial risk warning system from the perspective of the company.This paper first deeply studied the relevant theories of financial risk early warning,and then analyzed the financial risk status quo,early warning status quo and existing problems of MS company in detail,and revealed the necessity of establishing financial risk early warning of MS company,revealing the MS company building the necessity of financial risk early warning,and then set up a financial risk early warning index system and the financial risk system building process.Then applied research part,this paper use the company's public financial statements from 2013 to 2017 MS data,screening of financial index with grey correlation analysis method,analytic hierarchy process(ahp)to determine the index weight,efficacy coefficient method to evaluate the company's financial indicators MS risk value,the fuzzy evaluation method for the evaluation of MS company value at risk of non-financial indicators,using the grey Verhulst model predicts MS company financial risk value of the next two years,and with the industry benchmark HT company early warning result comparison,test and verify the reliability of the financial risk early warning system.Finally,the author puts forward some suggestions to prevent the financial risk of MS company from two aspects: strengthening the risk prevention of each operation link and improving the internal and external risk control measures.According to the research results,the overall financial status of MS company was in a state of heavy alarm from 2013 to 2014,and in a state of medium alarm from 2015 to 2017.Compared with the warning results of HT company,the industry benchmark,MS company has a high financial risk,and MS company needs to strengthen financial risk prevention.
Keywords/Search Tags:MS company, grey system theory, financial risk warning
PDF Full Text Request
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