Proceedings of the 2016 International Conference on Education, Management Science and Economics

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A Prediction of Financial Distress for Listed Companies of the New tertiary board Based on Factor Analysis and Logistic Regression

Authors
Zhuoxi Yu,Qi Sun,Milan Parmar,Tiansong Zhang
Corresponding Author
Zhuoxi Yu
Available Online December 2016.
DOI
10.2991/icemse-16.2016.6How to use a DOI?
Keywords
New tertiary board, Factor analysis, Logistic regression, Financial early warning model
Abstract

Under the complex and changeable marketing environment, all walks of life are facing various risks and challenges. The enterprise financial crisis is more likely to happen. The company's financial situation is a standard judgment for investors, creditors and suppliers to make a decision. And it can affect the development of enterprises in the future directly. According to the features of the selected data, we established the binary Logistic regression equation of financial early warning model combined with factor analysis method. This model can analyze the financial status of listed companies in the new tertiary board market. Through the establishment of the model, stakeholders of listed companies may identify the signal of financial crisis and get ready ahead. The government regulators can monitor the quality of listed companies and the risk in the stock market. It also can reduce the volatility of the capital market, promote the benign development of listed companies.

Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2016 International Conference on Education, Management Science and Economics
Series
Advances in Social Science, Education and Humanities Research
Publication Date
December 2016
ISBN
978-94-6252-275-6
ISSN
2352-5398
DOI
10.2991/icemse-16.2016.6How to use a DOI?
Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONFAU  - Zhuoxi YuAU  - Qi SunAU  - Milan ParmarAU  - Tiansong ZhangPY  - 2016/12DA  - 2016/12TI  - A Prediction of Financial Distress for Listed Companies of the New tertiary board Based on Factor Analysis and Logistic RegressionBT  - Proceedings of the 2016 International Conference on Education, Management Science and EconomicsPB  - Atlantis PressSP  - 22EP  - 26SN  - 2352-5398UR  - https://doi.org/10.2991/icemse-16.2016.6DO  - 10.2991/icemse-16.2016.6ID  - Yu2016/12ER  -