The Study of the Excess Growth and Corporate Financial Risks-Based on the Z-score Model

摘要：

Based on the definition of enterprises excess growth, using the sustainable growth financial theory, this paper analyses the financial risk mechanism created by the excess growth Using the Z-score model, we select 2008-2009 two years data of automobile manufacturing industry from the listed companies as the research object to justify the theoretical assumption that excess growth enterprise has an greater occurrence of financial risk.

关键词： Excess growth rate Financial risk Z-score model

作者: DONG Li LIU Guiying

作者单位: School of Industrial and Commercial Administration, Tianjin Polytechnic University, Tianjin, P.R.China 300387

会议类型: 国际会议

会议名称: The 5th International Conference on Product Innovation Management(第五届产品创新管理国际会议 ICPIM 2010)

会议地点: 武汉

会议语种:英文

页码: 896-899

在线出版日期: 2010-07-10（万方平台首次上网日期，不代表论文的发表时间）