Since it is a gradual process for listed companies to plunge into financial failure, it is desirable to discern tho potential risks in advance. This paper, with the adoption of multiple discriminant analyzing approach...Since it is a gradual process for listed companies to plunge into financial failure, it is desirable to discern tho potential risks in advance. This paper, with the adoption of multiple discriminant analyzing approach, tries to find out optimal variables and financial failure predicting model for Chinese listed companies based on audited accounting data.展开更多
Keqiao China Textile City in Shaoxing, Zhejiang Province, is one of the best-known and - at 2.08 million square meters - largest textile distribution centers in Asia. It has a history of over 20 years, and an annual b...Keqiao China Textile City in Shaoxing, Zhejiang Province, is one of the best-known and - at 2.08 million square meters - largest textile distribution centers in Asia. It has a history of over 20 years, and an annual business volume of RMB 50 billion, which takes it head and shoulders above its Chinese peers.展开更多
文摘Since it is a gradual process for listed companies to plunge into financial failure, it is desirable to discern tho potential risks in advance. This paper, with the adoption of multiple discriminant analyzing approach, tries to find out optimal variables and financial failure predicting model for Chinese listed companies based on audited accounting data.
文摘Keqiao China Textile City in Shaoxing, Zhejiang Province, is one of the best-known and - at 2.08 million square meters - largest textile distribution centers in Asia. It has a history of over 20 years, and an annual business volume of RMB 50 billion, which takes it head and shoulders above its Chinese peers.