Review of Enterprises Financial Early-Warning Models
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Abstract
The financial early-warning is one of the compositions of the enterprise early-warning system, if no preventive risk for enterprises; it will bring serious consequences to the enterprise. Therefore, it plays an important role in predicting whether enterprises encounter financial risk in the future. Based on the domestic and foreign scholars’ research on enterprise financial early-warning models, after we describe and compare the advantages and disadvantages of each model, this paper review each model that can make the researchers of financial early-warning and practitioners have a preliminary understanding of the financial early-warning model. It provides strong support for their researches on the financial early-warning models. We can choose the appropriate model to study the financial early-warning.