Prediction of financial distress: An empirical study of listed Chinese companies using data mining
作者： Ruibin Geng , Indranil Bose , Xi Chen
DOI: 10.1016/J.EJOR.2014.08.016
关键词: Financial instrument 、 Financial ratio 、 Corporate governance 、 Accounting management 、 Actuarial science 、 Market data 、 Stock exchange 、 Data mining 、 Finance 、 Earnings per share 、 Financial analysis 、 Business
摘要: The deterioration in profitability of listed companies not only threatens the interests of the enterprise and internal staff, but also makes investors face significant financial loss. It is important to establish an effective early warning system for prediction of financial crisis for better corporate governance. This paper studies the phenomenon of financial distress for 107 Chinese companies that received the label 'special treatment'from 2001 to 2008 by the Shanghai Stock Exchange and the Shenzhen Stock Exchange. We use data mining …
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