• ISSN: 2010-023X
    • Frequency: Bimonthly
    • DOI: 10.18178/IJTEF
    • Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
    • Executive Editor: Ms. Cherry L. Chen
    • Abstracting/ Indexing: Engineering & Technology Digital Library, ProQuest, Crossref, Electronic Journals Library, DOAJ , EBSCO, and Ulrich's Periodicals Directory
    • E-mail: ijtef@ejournal.net
IJTEF 2010 Vol.1(3): 283-287 ISSN: 2010-023X
DOI: 10.7763/IJTEF.2010.V1.51

The Bankruptcy Prediction of Chinese Export-oriented Enterprise:base on the Financial Crisis

Qin zheng and Chen yanjun
Abstract—The global financial crisis, triggered by the U.S. subprime mortgage in 2007, has seriously affected the development of China's economy, making a large number of Chinese export-oriented enterprises faced with serious problems, such as profit decline, layoffs and even bankruptcy. This paper is set under the background of this global financial crisis and aiming at extracting implicit risk factors of the export-oriented enterprises through empirical research, which is different from those early studies that based under the conditions when the external environment is stable. In this paper, we built the early warning system on the basis of the logistic regression theory and help enterprises identify the internal factors leading to their corporate financial crisis, so that they can better confront with crisis in the future and take precautions against external environmental impacts, thus contributing to the development of more robust.

Index Terms—financial crisis, bankruptcy prediction, logit model.


Cite:Qin zheng and Chen yanjun, "The Bankruptcy Prediction of Chinese Export-oriented Enterprise:base on the Financial Crisis," International Journal of Trade, Economics and Finance vol.1, no.3, pp. 283-287, 2010.

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