Considering the deficiencies in the field of researches on financial crisis prediction for the present, this\r\npaper build financial early warning model for manufacturing listed companies, using quarterly time\r\nserials data three years before special treatment (ST). We find out that the predictive validity of logistic\r\nfinancial early warning system based on time serials data is better than that based on cross-section\r\ndata; logistic financial early warning is better than fisher multivariate discriminant analysis; corporate\r\nprofitability, earnings per share (EPS) and general manager stake which significantly affect the financial\r\ndistress.
Loading....