Popis: |
This study conducts an empirical analysis of corporate financial crisis to develop an early warning model using Taiwanese listed and OTC companies that experienced financial crises from 2018 to 2020 as research samples. Results show that the prediction accuracy of the early warning model in the third year before the financial crisis is the highest, and the overall model accuracy reaches more than 70%. In addition, the model can effectively predict financial crises. Keywords: Financial Crisis, Logistic Regression Analysis, Early Warning |