| Under the impact of the 2008 outbreak of the international financial crisis, many foreign business groups went bankrupt, to contain China by the financial crisis, so many domestic large enterprises Arrested Development, but also makes a number of small businesses to the brink of bankruptcy. Problems have occurred clues, context can be found, the company was analyzed by ST signs, to ensure the sustainable development of China’s stock market, it is the actual meaning of this article. This article is from the lead company ST ST incentive and the early signs are two aspects to find and identify indicators variable factors, based on the analysis of financial indicators, the introduction of corporate governance, economic conditions and other factors, a comprehensive analysis of the reasons for the plight of the listed company losses based on financial, non-financial indicators to establish a scientific index system, using binary logistic regression model, based on the Commission to performance status of listed companies for two consecutive years, to determine whether their special treatment, the company was selected to build the first three years of data model ST build predictive models, empirical results obtained to analyze the salient features of the company to be able to predict the ST index and explain. Through the analysis of model results, the paper from the assets, liabilities, market, cost point of view put forward policy recommendations, and advice for companies agency problems, and strive to control the time of occurrence of ST, accumulation and broke truncated ST risk is conducted path, the overall resistance to improve the company’s deteriorating financial condition. |