Research on Evaluation of Financial Risk Based on Grey System Theory

摘要

In the market economy, the enterprises are facing increasingly diverse and complex financial risks, and influenced by them deeply. Researching and evaluating enterprise financial risks are the key of improving corporate value and promoting healthy development. Grey incidence analysis is not only the important component of grey system theory, but also the cornerstone of analysis, modeling, forecasting and decision-making of grey system. In this paper, grey relational factor is applied to study on evaluation of financial risk in order to confirm the validity and the usability of it.