Harbin University of Commerce Harbin, China
This paper takes the listed SME of which total stock issue is less than four hundred million in Shanghai and Shenzhen main board stock market of manufacturing industry as research object, selects 40 Special Treatment (ST) Enterprises and 40 Non Special Treatment (Non ST) Enterprises as samples, screens out the variable which has marked influence on financial crisis by T Test and factor analysis, so as to establish the Logistic model for discriminating listed SME financial crisis. Through the empirical analysis, this paper found the 12 index factors which can reflect profitability, debt paying ability, operating capacity and capital structure of listed companies, judge and forecast its financial crisis to establish an effective crisis early warning system for enterprises.
SME Financialcrisis Logistic Model
Xu Ye Wang Lijuan
Shijiazhuang University of Economics Shijiazhuang , China
国际会议
广州
英文
1-4
2011-05-13(万方平台首次上网日期,不代表论文的发表时间)