Research on Financial Early Warning for Listed Companies-based on TOPSIS Method
In this Paper, TOPSIS method is introduced to build a financial early warning system for listed companies, with relative closeness, to judge if listed companies is facing financial crisis based on the criteria of close-to the ideal solution and away-from negative ideal solution. With empirical analyses of 112 listed companies, the result shows that the recognition rate of the method reaches as high as 98.2%.
Listed Companies Financial Crisis Forewarning TOPSIS Method
JIN Bo LI Haidong
School of Management,University of Science and Technology of China,Hefei,230026,China
国际会议
The 5th International Annual Conference on WTO and Financial Engineering(第五届WTO与金融工程国际会议)
杭州
英文
589-595
2008-05-18(万方平台首次上网日期,不代表论文的发表时间)