中国上市公司财务预警实证研究

在对国外公司财务预警经典研究成果进行回顾和总结的基础上,运用多元判别分析方法（MDA）和逐步判别分析（Stepdisc）等方法逐层推进构造预测模型,以经济实用为选择标准,最终建立一个预测准确率最高、变量最少的适合中国实际情况的财务危机预测模型。

An Empirical Research on Financial Distress Prediction of Chinese Listed Companies

As a subject, empirical research of financial distress prediction of companies was concerned widely in other countries. The last 40 years, this research has become the permanent subject in the field of the finance, accounting, securities, and others. On the basis of reviewing and summarizing the results of the foreign classic research, adopting the standard of practicality, the paper apply multiple discriminating analysis （MDA） and step discriminating analysis （Stepdisc） to set up a financial distress predictive model gradually, which is seen that can reach the highest accuracy, the minimum variables, suitable for Chinese actual situation.