基于突变级数法的建筑施工企业财务危机预警实证研究——以10家建筑施工企业上市公司为例

An Empirical Study of Financial Distress Prediction in Construction Enterprises Based on the Catastrophe Progression Method——A Case Study of 10 Quoted Construction Companies

建筑施工企业是我国经济发展的重要支柱产业,对促进我国经济发展具有重要的作用。但当前面临的诸多财务危机,影响了其长远发展。本文在详细分析当前我国建筑施工企业面临的财务危机的基础上,以在上海证券交易所上市的10家建筑施工企业上市公司为例,运用突变级数法,构建财务危机预警评价指标体系,对10家公司面临的财务危机进行分析,以期为我国建筑施工企业的长远发展提供有益借鉴。

The construction enterprises are the important pillar industry of the national economy, which is of great value to the overall economic development. However currently, the enterprises are plighted with financial distresses. The paper, based on the analysis of the financial distresses suffered by Chinese construction enterprises, conducted a case study of 10 quoted companies in Shanghai Stock Exchange by applying CPM in the construction of financial distress prediction index, which might be of practical significance to other construction enterprises.