Research on Financial Distress Early-warning of Listed Companies Based on GA-SVM

Abstract

Based on financial management and enterprises of early-warning theory,a financial distress early-warning model is constructed by using GA-SVM.First,taking listed companies appearing in Shanghai Stock Exchange and Shenzhen Stock Exchange in 2007~2009 as sample books,defining ST listed companies which have abnormity of finance status as signature of the listed company′s financial crisis,and the data in the financial statements known to the public is used as the input feature vector,genetic algorithm and support vector machine was combined.Then the financial distress early-warning model is established by an empirical research method.