The empiricial research of listed company financial distress prediction based on financial information

摘要

Based on financial information of listed manufacturing companies, the research aims at predicting financial distress using the integrated model of factor analysis and discriminant analysis to establish the model, and tests the prediction accuracy of the model. The results show that the model in this paper has higher discriminant precision, and it makes further explanation that the choice of financial ratios is very successful. Meanwhile, the predicted results confirm that the closer the time of financial distress, the more accurate the prediction effect.