Empirical Study on Z-Score Model of Financial Crisis Predict——Evidence from Listed Companies in Henan

摘要

This paper introduces Z-score model, a classic multivariable model of financial crisis predicting model. This paper takes listed companies in Henan as research sample, and carries out empirical study on financial crisis. The results show that z-score model has high accuracy in evaluating financial crisis of listed companies in Henan. It can make managers, investors, creditors, departments of listed company supervision and others evaluate financial risk of the listed company by Z-score model and take preventive measures for possible financial crisis.