Research on Financial Early Warning

摘要：

The change process of the enterprise financial rate is a random process．It’s difficult to find a precise forecast result through the normal analytical method which according to some historical data．However，Markov mainly used to analyze the future trend of development and change of random incident．So this paper selects rate of return on common stockholders’equity(ROE)，total assets increase and operating cash flow per share to forecast the enterprise finance with totally twenty quarterly data from 2003 to 2007 of Zhongwugaoxin Co．Ltd．Markov is also used to research their change rules empiricaUy．The result of empirical study may forecast promptly the business finance risk．

关键词： Financial Crisis Financial Early-Warning Markov

作者: SHANG Hongtao SONG Shan

作者单位: School of Economic and Management,Beijng University of Technology,China,100124

会议类型: 国际会议

会议名称: 2008 Conference on Regional Economy and Sustainable Development(2008区域经济与可持续发展国际学术会议)

会议地点: 济南

会议语种:英文

页码: 719-725

在线出版日期: 2008-11-01（万方平台首次上网日期，不代表论文的发表时间）