Early Warning Model of Financial Risk Based on Enterprise Life Cycle

摘要

Enterprise life cycle determines the survival and development of enterprises. This article combines the theory of enterprise life cycle and financial risk organically, then analyzes the financial characteristics during different stages of enterprises’ life cycle, and builds up an early warning index system of financial risk on the basis of cash flow. Then concerns factors infecting enterprises life cycle, and builds a financial risk early warning model with grey system theory, and amends the model concerning the influence factors of enterprises’ life cycle.