Financial Stress Evaluation of Listed Companies Based on Factor Analysis

Shengdao Gan, Yuan Fang

2022

Abstract

Rom the perspective of profit pressure and payment pressure, combined with the theory of corporate stakeholders, 16 financial pressure indicators were proposed, and a set of comprehensive evaluation of corporate financial pressure measurement system was constructed by factor analysis. Further, comparative analysis was conducted on enterprises with different pressure levels, and it was found that the financial pressure of ST enterprises was significantly higher than that of normal operating enterprises. The future performance of enterprises with abnormal financial pressure is significantly lower than that of enterprises with moderate financial pressure. The conclusion shows that the debt repayment pressure still plays a dominant role in the financial pressure. Managers should be alert to the financial pressure that is too high and fall into financial difficulties. At the same time, they should also prevent the financial pressure from being too small and reduce the efficiency of resource use.

Paper Citation

in Harvard Style

Gan S. and Fang Y. (2022). Financial Stress Evaluation of Listed Companies Based on Factor Analysis. In Proceedings of the 1st International Conference on Public Management, Digital Economy and Internet Technology - Volume 1: ICPDI; ISBN 978-989-758-620-0, SciTePress, pages 37-44. DOI: 10.5220/0011721300003607

in Bibtex Style

@conference{icpdi22,
author={Shengdao Gan and Yuan Fang},
title={Financial Stress Evaluation of Listed Companies Based on Factor Analysis},
booktitle={Proceedings of the 1st International Conference on Public Management, Digital Economy and Internet Technology - Volume 1: ICPDI},
year={2022},
pages={37-44},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011721300003607},
isbn={978-989-758-620-0},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Public Management, Digital Economy and Internet Technology - Volume 1: ICPDI
TI - Financial Stress Evaluation of Listed Companies Based on Factor Analysis
SN - 978-989-758-620-0
AU - Gan S.
AU - Fang Y.
PY - 2022
SP - 37
EP - 44
DO - 10.5220/0011721300003607
PB - SciTePress