Predicting Methods of Financial Distress for Retails Stemming from High Returns

摘要：

Uncertainties surrounding reverse logistics create the possibility that the retailer may be strained in meeting financial distress.The current research offers a Markov chain approach to build a random fluctuation model for the early-warning index and analyzes the financial risks stemming from retail reverse logistics activities.The worsened probability for the earlywarning index can be inferred.This enables the retailing firm policy-makers to discover and eliminate the operation and financial risk early and effectively prevents the risk to be worsened to the financial distress.Finally managerial recommendations for avoiding financial distress stemming from reverse logistics activities are provided.

关键词： reverse logistics financial distress Markov chain

作者: Tian Zhaoyun Qu Li

作者单位: School of Economics and ManagementBeijing Information Science & Technology University,Beijing,P.R.Ch School of Economics and Management Beijing Information Science & Technology University,Beijing,P.R.C

会议类型: 国际会议

会议名称: 2008 IEEE International Conference on Service Operations and Logistics, and Informatics(IEEE/SOLI’2008)(IEEE服务运作、物流与信息年会)

会议地点: 北京

会议语种:英文

在线出版日期: 2008-10-12（万方平台首次上网日期，不代表论文的发表时间）