The Application Comparison of Z-score Forewarning Model for Chinese Listed Real Estate Industry Company

DOI

10.2991/icpel-17.2017.39How to use a DOI?

Keywords

financial forewarning, Z-score model, application comparison

Abstract

When the risk of the enterprises accumulates to a certain level, it would worsen into crisis. Therefore, how to combine the financial early warning means with the crisis prediction and risk prevention still need to research in greater depth. Real estate industry can affect its upstream and downstream firms, such as financial institutions, developers, building materials industry and etc. As a result, after compared and reviewed the domestic and foreign study of financial early warning theory, this paper chose Z-score model and real estate industry as the subject from 2008 to 2012. We focus on the reason why Z-score model cannot apply well in Chinese real estate industry and put forward some suggestions about how to modify the model and clarified the orientation of further study.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yun Sun
AU  - Lihong Chen
AU  - Xun Zhao
AU  - Shaosong Wang
PY  - 2017/07
DA  - 2017/07
TI  - The Application Comparison of Z-score Forewarning Model for Chinese Listed Real Estate Industry Company
BT  - Proceedings of the 2017 2nd International Conference on Politics, Economics and Law (ICPEL 2017)
PB  - Atlantis Press
SP  - 146
EP  - 149
SN  - 2352-5428
UR  - https://doi.org/10.2991/icpel-17.2017.39
DO  - 10.2991/icpel-17.2017.39
ID  - Sun2017/07
ER  -