Pre-warning study of corporations'financial crisis based on ANN technique
Wu Pen · Journal of Southeast University · 2008
This paper aims to improve the financial crisis forecasting model based on the indicator of financial ratio and non-financial ratio.A crisis prediction model is established to distinguish three categories of enterprises according to their financial status instead of only using STPTcompanies in researching financial crisis.With principal component analysis and ANN a research is done on the listed corporations of 2005/2006 and Tianmu Corporation(600671) is taken as an empirical example in crisis prediction research.