谈“Z计分模型”的不适应性与改进

The Incompatibility and Modification on "Z-calculation" Model

美国的爱德华·阿尔曼提出的"Z计分模型"为企业进行财务综合分析提供了重要手段。但是由于各个企业在性质、经营规模、所处地域、发展阶段等方面存在差异,因而"Z计分模型"在市场经济条件下具有明显的不适应性,需要加以改进。

The 'Z-calculation' model offered a very important method for an enterprise to make comprehensive financial analysis. However, its compatibility is still depended on the scale of the enterprise and its location. Hence, the 'Z-calculation' model has much room to be modified, so as to adapt to different environment.