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The Influence Of Company Manage Factors On The Financial Risk Enterprises

Posted on:2008-03-05Degree:MasterType:Thesis
Country:ChinaCandidate:C X GaoFull Text:PDF
GTID:2189360215470904Subject:Business management
Abstract/Summary:PDF Full Text Request
On the research of 62 financial failure enterprises in the Shanghai Stock Exchange and the Shenzhen Stock Exchange ,coupled with 62 normal enterprises in the same industry and in the same size compared with the financial ones, through the statistics analysis software SPSS, after eliminating the linear dependence between the factors selected, the author creates three models, they are :the financial factors based model, the non-financial factors based model and the overall factors based model. What people concern most is how accurate the model is . There are three methods to testify how accurate the model is , the most useful one is validation-cross verification method. The validation-cross verification method is an important test technique of the discretion result which is developed gradually in recent years, which is available in Spss11. The discretion correctness of each model respectively as follows : Financial factors based model, the discretion correctness of 2005 is 91.5%, descending to 89.5% in 2004, 2003 is 81.5%;The non- financial factor based model, distinguish in 2005 of the correctness is 89.5%, 2004 is 89.5%, in 2003 is 73.6%;the overall factors based model, the discretion correctness of 2005 is 97, 6%, 2004 is 94.3%, to 2003 is 87.6%.
Keywords/Search Tags:financial failure, forecast, financial factor non-financial factor
PDF Full Text Request
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