基于功效系数法的财务危机预警

Early Warning of Financial Crisis Based on the Efficacy Coefficient Method

每一次经济危机的发生,都会使很多企业陷入财务危机,甚至让一些大企业、大财团一夜之间倒闭。严酷的现实使得企业的管理者对财务危机预警系统高度关注。鉴于此,本文在财务传统财务指标的基础上加入股权结构、董事会信息和审计意见类型三类非财务信息指标,采用功效系数法进行财务危机预警研究,并以海信电器和*ST厦华为例说明功效系数法的预警过程。

Each financial crisis will cause financial crisis in many companies, and even make some large enterprises and consortia collapse overnight. Harsh reality makes the business managers attach great importance to the financial crisis early warning system. In view of this, the paper adds three indicators of non-financial information to traditional financial indicators, including ownership structure, information of board of directors and audit opinion, uses the efficiency coefficient method for the study on early warning of financial crisis, and explains the warning process of efficacy coefficient method through the examples of Hisense electrical equipment and ＊ ST Xiahua.