EMPIRICAL ANALYSIS ON THE FINANCIAL EARLY-WARNING IN LISTED COMPANIES OF CHINESE REAL ESTATE
In this paper, taking the listed companies of Chinese real estate industry which are on the stock exchanges of shanghai and Shenzhen from 2004 to 2006 as research samples, by establishing Z3financial early-warning model, surveys financial security and crisis degree of these companies, thus manifests the credibility and necessity of financial early-warning. For the companies which are in the danger zone, owing to the capital structures are not reasonable, funds for business activities are short, and ability to make a profit is also inferior, so the author gives some suggestions, such as improve management of funds for business activities, carry through property reorganization, expand financing channels and so on, and provides the policy-making basis for the operators and the investors.
Listed companies Real estate industry financial early-warning Z3model
Wang Huaidong Zhao Zhiquan
Jiangsu Teachers University of Technology, Changzhou, Jiangsu, China
国际会议
北京
英文
2007-11-01（万方平台首次上网日期，不代表论文的发表时间）