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Research on listed firms' financial distress prewarning based on a longitudinal data envelopment analysis

  • Xiaoli Wang*
  • , Liyan Han
  • *Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

As listed firms' financial distress is not always occasional, it is necessary to consider dynamic change of the firms' financial condition when the firms' financial distress is pre-warned. In this paper, a longitudinal data envelopment analysis is employed to consider dynamically the listed firms' financial condition, and every listed firm in various periods is viewed as various decision making unit. Firstly, make certain a window which means one period. Secondly, evaluate the decision making units in every window with data envelopment analysis and make an estimate of dynamic change of every decision making unit's financial condition to pre-warn decision making units' financial distress. And then an empirical case shows the feasibility and validity of the method that is put forward in this paper.

Original languageEnglish
Title of host publication2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008
DOIs
StatePublished - 2008
Event2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008 - Dalian, China
Duration: 12 Oct 200814 Oct 2008

Publication series

Name2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008

Conference

Conference2008 International Conference on Wireless Communications, Networking and Mobile Computing, WiCOM 2008
Country/TerritoryChina
CityDalian
Period12/10/0814/10/08

Keywords

  • Financial distress
  • Longitudinal data envelopment analysis
  • Pre-warning
  • Window analysis

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