The Combination Forecasting Model for Financial Distress Prediction of Listed Corporations Based on Support Vector Machines

摘要

This paper establishes a new model of financial distress prediction-the combination forecasting model based on support vector machines (CFSVM),with Chinese listed corporations as samples.After rectifying the model,it gets higher predicting precision.Compared to other warning models,the CFSVM model for listed corporations in financial distress prediction really has bigger application prospect because of its better characteristics such as higher accuracy rate.