中国房地产上市公司财务危机预警基于Fisher模型的实证分析

The Empirical Research on Financial Distress Prediction of the Real Estate Listed Companies in China

房地产业企业作为一个资金密集型的行业,发生财务危机的可能性逐步加大。鉴于Z3预警系统的局限性,本文通过运用SPSS统计软件和Fisher判别模型,构建了适合我国房地产行业财务危机预警的判别分析模型,包括内容有:Fisher模型介绍,样本数据的选取,模型变量的选取,建立模型,Fisher模型的有效性检验。

As capital intensive industry, the possibility of financial crisis happened in real estate enterprises will be increased gradually. As the limitation of Z3 early warning system, this essay will construct a discrimination analysis model which can early warning Chinese real estate enterprises＇ financial crisis by using SPSS statistical software and Fisher discrimination model, the contents as below： 1, Fisher model introduction; 2, sample data selection; 3, selection of model variables; 4, model building; 5, test the validity of Fisher model; 6, conclusion.