Building and Validating of SMEs financial crisis prediction models

碩士 === 亞洲大學 === 國際企業學系碩士在職專班 === 97 === According to financial and operational characteristics of domestic small and medium enterprises,the main purpose of this thesis is to choice some variables to build and validate of SMEs financial crisis prediction models,thus promoting the development in forec...

Full description

Bibliographic Details
Main Authors: Ming-Der, Yang, 楊明德
Other Authors: William W.K. Lee
Format: Others
Language:zh-TW
Published: 2009
Online Access:http://ndltd.ncl.edu.tw/handle/75586810351414639128
Description
Summary:碩士 === 亞洲大學 === 國際企業學系碩士在職專班 === 97 === According to financial and operational characteristics of domestic small and medium enterprises,the main purpose of this thesis is to choice some variables to build and validate of SMEs financial crisis prediction models,thus promoting the development in forecasting the financial crisis prediction models in loan to the SMEs for the domestic financial institutions。Adopting Data from a specific bank concerning its non-performing loan to SMEs during the period of 2005 to 2006 。There includes 301 defaulting SMEs and 705 non-defaulting SMEs。By Altman (1968) to adopte five financial variables,plus three additional qualitative measures on management 、perspectives and protection。Then Logistic model are adopted to determine the most appropriate variables for financial crisis prediction models of the SMEs in Taiwan。 Empirical evidence shows that better financial crisis prediction models of the SMEs: Financial variables and non-financial variables selected, that taking into account the non-financial and qualitative measures in traditional financial crisis prediction model will increase the forecasting power of the financial crisis prediction for SMEs in Taiwan。