辽宁省上市公司财务危机预警实证分析——基于Z值评分模型  

Empirical analysis on early warning model of financial crisis of Liaoning listed company——from perspective of Z-score model

作　　者：王满[1] 李坤榕[1] 

机构地区：[1]东北财经大学内部控制与风险管理研究中心/会计学院,辽宁大连116025

出　　处：《大连海事大学学报（社会科学版）》2009年第5期65-69,共5页Journal of Dalian Maritime University(Social Science Edition)

基　　金：辽宁省哲学社会科学规划基金重点项目(L08AJY001L08AJY002)

摘　　要：借鉴已有的财务危机预警模型,结合中国企业实际,从偿债能力、赢利能力、营运能力、发展能力、资产流动性和收现能力6个方面考虑,设计新的Z值评分模型并进行实证检验,提出在财务预警中需要考虑Z值上限及Z值波动性的思想。最后根据所设计的模型和思想对辽宁省上市公司进行财务危机分析,并提出相关的政策建议。Through the study on existing financia｜ crisis early- warning model, the paper met Chinese enterprises＇ characters, designed and tested a new Z-score model from six aspects, i.e. debt ability, profitability, working ability, development ability, the liquidity of asset and the statement of cash flows. It pointed out the max and the fluctuation of Z-score, which should be tak- en into account in financial crisis warning. On this basis it ana- lyzed the financial crisis of Liaoning listed company, and prop- osed relative policy suggestions.

关 键 词：财务危机 Z值评分 预警模型 辽宁省 

分 类 号：F275[经济管理—企业管理]