An analysis on financial distress prediction of listed companies in China's manufacturing industries based on multivariate discriminant analysis and logistic regression

被引：0
|
作者：
Yu, Wenhua [1 ]
Li, Yuanfu [1 ]
Fan, Min [1 ]
机构：
[1] SW Jiaotong Univ, Sch Econ & Management, Chengdu 610031, Sichuan, Peoples R China
来源：
PROCEEDINGS OF 2008 INTERNATIONAL CONFERENCE ON RISK AND RELIABILITY MANAGEMENT, VOLS I AND II | 2008年
关键词：
Financial Distress prediction; Multivariate Discriminant Analysis; Logistic regression;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In this paper, some listed companies in China's manufacturing industries are taken as the research objects, and 96 ST companies' financial indicators in 1-5 years before the occurrence of their financial distress are collected. On the other hand, 96 non-ST companies are selected as samples and then empirically analyzed using Multivariate Discriminant Analysis (MDA) and Logistic Regression. Moreover, in this study, two models are established to forecast financial distress, and the prediction capacity of forecasting financial distress in 1-5 years ahead of their occurrence are summed up and compared, thus providing references for the researches on financial distress prediction of listed companies.
引用
收藏
页码：137 / 141
页数：5
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