The Study On Pre-warning Of Financial Crisis For Company

While the market economy with keen competition is pregnant with the opportunity for development, are hiding endless risk and crisis too. The company falls into the financial crisis, not only endanger and one's own existence and development but also bring enormous loss to investor, creditor. So, structure an effective and practical financial early warning model of crisis, meet the urgent needs day by day of persons who are correlated with of the interests, become the important factor of influencing sound development of capital market of our country, have very important realistic meanings. The financial crisis (Financial Distress), is also called the financial predicament, its most serious situation is bankrupt. With our country aggravation of competition after joining WTO, enterprise every stake side has already pay more and more attention to this question. Predict that the research of the model has been already riper bankrupt (or the failure in operation of enterprise) abroad, and the research in this field starts relatively late in the country. "notice that especially deals with the way about the stock during the listed company state is unusual " that China's Securities Regulatory Commission issues We can say that marks the understanding of the financial crisis (predicament ) of our country and studies and enters new stage.Through reviewing relevant documents of domestic and international financial early warning research of crisis , can find out that present research concentrates on the construction of the early warning model mainly , and the model structured for the single prediction method mainly, but predict only that all there is their one's own limitation in models, then try it by making up predicting that the method structures the financial early warning model of crisis, expect to improve the precision predicted , make it become effective tool which predicts the financial crisis state of listed company. On the basis of forefathers' research results, have carried on more systematic research and discussion to the theory and model of financial crisis prewarning of listed company of our country. Have expounded the financial early warning basic theory of crisis at first, define the financial crisis concept, and structure...