基于财务与非财务因素的上市公司财务困境预警分析-金融学专业论文.docxVIP

重庆 人 重庆 人学硕 十学位 论 文 英 文 摘 要 A B S T R A C T E nie rp rise s are thr e ate d b y fin an e ia l d istre ss in th e fie re e m a rk e t n o w. If e ni e rp rise s e an ，t tak e P re e a u tio n a g a in st th e fin a n e ia l d istre ss in tim e ，th e y w ill g e t in to tro u b le . B u t enie rp rise s are n o t P o w e rle ss in the fae e o f su e h a Pr e d ie am ent ，th e fin an e ia l d istr e ss e an b e P re d ie te d in a d v an e e . T h u s，e sse n tia l an a ly sis b a se d o n se ttin g u P th e fin a n e ia l d istre ss e arly w arn in g in d e x sy ste m w h ie h 15 d isre late d an d e o v e re d a m o u n t o f in fo rm atio n ， an d b u ild in g u P a fin an e ia l d istre ss e arly w 姗 in g m o d e l， h a s g re at P ra e tie a l sig n ific a n e e to sto e k m a rk e t in v e sto rs an d th e e o m P a n y ，5 m an a g e m e n t. M o st o f P rio r re se are h e s w e re c o n e e rn e d w ith the e sta b lish m e n t o f e o rp o rate failure Prediction m odels based on on ly finan eial ratio s，or jo in few non 一fin an eial v硕 ab les just w ith subjeetive judgem eni. T h is Pap er m ak es u se of the fin an eial state m e n ts o f liste d e o m P an ie s in C h in a S to e k E x e h an g e an d a d d s so m e n o n 一fin an e ia l v 硕 ab le s into th e m o d e l，su e h a s e q u ity stru e tux e ，b o ard g o v e rn an c e an d im P o rtan t m att e rs . U sin g S P S S statistie a l an a ly sis so ftw a re ，an d b u ild a su e e e ssfu l m o d e l fo r c o rp o rate failu re d ise rim in atio n w ith fac to r an a ly sis a n d L o g istic re g re ssio n an a ly sis . C o m P arin g fo rm e r re se are h ，th e m a in e h ara e te ristie o f th is P ap e r lie s in fo ur a sP e c ts : F irstly ，u sin g th e late st S T e o m P an y sam P le s，th at w a s th e first tim e b y S T in S h an g h a i an d S h e nz h e n sto e k m ark e ts d tir in g 2 0 0 4 to 2 0 0 6 . S e c o n d ly，u