针对湘鄂情的财务预警Z模型分析.pdf

针对湘鄂情的财务预警Z模型分析 摘要 近年，虽然我国的经济大环境随着时代的快速发展，但是自从美国次贷危机 引发了金融危机以来，企业也无疑地暴露在多重风险之下，对其生存和发展可谓 是巨大的挑战，经营风险越来越大，有些公司甚至面临破产的窘境。要怎样在财 务困境成型之前将其扼杀在摇篮中，尽可能地避免、甚至是消除危机，成为了不 少企业急需解决的大问题。企业为了应对如此的环境及危机，除了加强管理层监 管，提高员工业务水平外，可以说最重要的一点就是提高其财务方面对于风险的 应对能力。因此，企业应当为保持财务上的警惕，尽可能地提早发现自身存在的 财务漏洞，将财务危机尽早遏制住，最大程度地规避财务风险，减少企业损失。 能够使企业提早发现财务危机存在的方法并非唯一。湘鄂情集团曾是具有相 *ST 当市场影响力的餐饮企业，但是却发布了公司债券违约公告并加上了 。本文 将引入湘鄂情作为案例，进行具体的企业财务预警分析，尝试利用现有的财务预 警模型，结合相关的文献，根据企业的财务数据，分析出湘鄂情存在的财务危机 信号，分析导致案例企业违约的财务原因，恰当地利用财务指标和相关数据，实 现财务与管理的结合，为财务信息的使用者预警投资对象的财务危机。 关键词：财务预警；财务指标；湘鄂情；预警模型 I AnalysisofFinancialEarlyWarningZModelforXiangeqing Abstract In recent years, although Chinas economic environment has developed rapidly, since the US subprime mortgage crisis has triggered a financial crisis, companies have undoubtedly been exposed to multiple risks, and their survival and development can be described as huge challenges. With increasing risks, some companies even face the dilemma of bankruptcy. How to get rid of the financial dilemma before it is formed in the cradle, to avoid or even eliminate the crisis as much as possible, has become a big problem that major companies urgently need to solve. In order to cope with such an environment and crisis, in addition to strengthening management supervision and improving the level of employees business, it can be said that the most important point is to improve their financial ability to cope with risks. Therefore, in order to maintain financial vigilance, enterprises should find out as soon as possible their own financial loopholes as soon as possible, to contain the financial crisis as soon as possible, to minimize financial risks and reduce busine