A Case Study on Early Warning Analysis of Financial Crisis for Chinas Listed Steel Enterprises
Chinas steel industry is facing a revolutionary change.Some steel enterprises have gone broke while a small portion of steel enterprises are growing; however, most steel companies continue to struggle with meager profits.With such a broad background, the availability of an early warning for financial crisis can provide an important basis for ideological and political initiative to employees in steel enterprises.This would also aid Chinas steel companies in surviving the redistribution of the global iron and steel industry.In this paper, 10 different warning analysis methods were applied to predict the financial crisis for 41 of Chinas listed steel enterprises for 2011, 2012, and the first three quarters of 20 1 3.The accuracy rates of the early warning analyses were all equal to or above 93.8914%.
financial crisis warning analysis iron and steel enterprises
WU Fangjun GONG Jian
School of Information Technology,Jiangxi University of Finance and Economics,NanChang,330013,China High Level Engineering Research Center of Electronic-Commerce,Jiangxi Provincial Colleges and Univer
国际会议
山东 日照
英文
487-492
2015-08-17（万方平台首次上网日期，不代表论文的发表时间）