Research on Early Warning Model of Financial Dilemma of Listed Enterprises on Small and Medium-sized Board

DOI

10.2991/edmi-19.2019.78How to use a DOI?

Keywords

Small and Medium Board Listed Companies; Financial Risk; Financial Early Warning; Economic Downturn Period.

Abstract

Financial risk accompanies with the development of enterprises from start-up, maturity to recession. Under the new normal economic situation, China's economic growth slows down. Small and medium-sized board listed companies are facing greater financial risk than before. Financial early warning is a method to detect, diagnose and alarm the financial risks existing in the financial management activities of enterprises according to the changes of business conditions and financial indicators. This paper uses BP neural network to construct a financial early warning model for SME listed companies in China under the new normal background, and tests the accuracy of the model in the warning. Based on the test, it is assumed that the model achieves a good early warning effect. Finally, according to the characteristics of SME listed companies under the new normal situation, this paper puts forward some measures to deal with financial risks.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Shishi Sima
PY  - 2019/08
DA  - 2019/08
TI  - Research on Early Warning Model of Financial Dilemma of Listed Enterprises on Small and Medium-sized Board
BT  - Proceedings of the 1st International Symposium on Economic Development and Management Innovation (EDMI 2019)
PB  - Atlantis Press
SP  - 473
EP  - 480
SN  - 2352-5428
UR  - https://doi.org/10.2991/edmi-19.2019.78
DO  - 10.2991/edmi-19.2019.78
ID  - Sima2019/08
ER  -