The Influencing Factors And The Sensitivie Analysis Of Financial Security Of The Small And Medium-Sized Board Listed Company In Our Country

It’s a significative year that a small and medium enterprise went public in shenzhen stock exchang for China’s capital market in the2004.In microcosm, it solved the difficult problems of financing in itself; From the major terms, it constantly enriches and perfects the capital market of our country, which making our China become a multi-level capital market.But at the same time,we also see because of the increasing transparency of the small and medium-sized enterprise board company in itself, it pays close attention to the investor.How to raise money,how to do with these financing funds according to certain proportion invest to different uses which can not only can meet the demand of raise funds,but also meet the demand of investors have become a imporment problem at the present.From the current situation,financial security has being the center of attention of the administrative authority,but how to ensure that financial security,the influencing factor of financial security include what and what factors are sensitive factors have become confused the management authority.So it is more and more important that how to ensure financial security for the high speed developmen of small and medium board listed company which have been being7years.However, in the socialist market economy, competition is everywhere, it is not enough to be be conscious of financial safety.The paper based on cash flow,analyses the influencing factors gradually from the standpoint of the influencing factors of financial security, and then identifies the confidence interval of the parameters by using sensitive analysis. On this basis,the stakeholders have a expected, once the parameters are beyond the expected,it is necessary to improve the measure of the small And medium-sized board listed companys.The paper has five parts. The chapter one:the introduction.The chapter firstly mainly introduces the research background and the studies meaning; Secondly,this paper reviews and comment on the literature;and then introduces the research methods and research content; Finally the paper puts forward the innovation points.The chapter two:theoretical basis of the small and medium-sized board listed company financial security. firstly,summarize the related comment of the small and medium-sized board listed company;secondly,summarize the related comment of financial security; At last,introduce related theoretical basis. The chapter three:the construction of the small and medium-sized board listed company financial security system in our country. This chapter firstly analysises the method of evaluation system of the small and medium-sized board listed company financial safety; Secondly, ensure Selection principle of financial index, also explain common financial index; Lastly, select financial index.The chapter four:the empirical analysis of the small and medium-sized board listed company financial security. firstly,select the sample and data;Secondly,carry on the data descriptive statistics; And then study separately the influencing factors and sensitivity analysis of the small and medium-sized board listed company financial security by using Factor Analysis Method and Point Estimation;At last,analyze and compare the empirical rusult.The chapter five:The summary. The chapter comes to a conclusion,then analyzes the reason of conclusion,at the same time,puts forward the shortcomings of paper and prospectes the future.