A Dynamic Prediction Model of Financial Distress in the Financial Sharing Environment

The dynamic prediction of financial distress can monitor the financial status of an enterprise in real time and provide evidence for financial analysts. However, currently, there are few studies concerning the dynamic prediction of financial distress in the financial sharing environment, so in order...

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Main Authors: Jie Zhu, Hong Zhu, Nan Lin
Format: Article
Language:English
Published: Wiley 2023-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2023/6259689
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author Jie Zhu
Hong Zhu
Nan Lin
author_facet Jie Zhu
Hong Zhu
Nan Lin
author_sort Jie Zhu
collection DOAJ
description The dynamic prediction of financial distress can monitor the financial status of an enterprise in real time and provide evidence for financial analysts. However, currently, there are few studies concerning the dynamic prediction of financial distress in the financial sharing environment, so in order to fill this research gap, this study established a dynamic prediction model of financial distress in the financial sharing environment. Firstly, this study employed the analytic hierarchy process (AHP) and entropy weight theory to determine an index system for the dynamic evaluation of financial distress in the financial sharing environment and gave the weight assignment method of the evaluation indexes. Then, based on the probabilistic neural network (PNN), this study constructed a dynamic prediction model of financial distress and used experimental results to verify the effectiveness and feasibility of the constructed model.
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institution Kabale University
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series Discrete Dynamics in Nature and Society
spelling doaj-art-3d91bc240fed44f292eb06476ffbb8052025-02-03T06:42:41ZengWileyDiscrete Dynamics in Nature and Society1607-887X2023-01-01202310.1155/2023/6259689A Dynamic Prediction Model of Financial Distress in the Financial Sharing EnvironmentJie Zhu0Hong Zhu1Nan Lin2School of Finance and AccountingSchool of Economics and ManagementSchool of Finance and AccountingThe dynamic prediction of financial distress can monitor the financial status of an enterprise in real time and provide evidence for financial analysts. However, currently, there are few studies concerning the dynamic prediction of financial distress in the financial sharing environment, so in order to fill this research gap, this study established a dynamic prediction model of financial distress in the financial sharing environment. Firstly, this study employed the analytic hierarchy process (AHP) and entropy weight theory to determine an index system for the dynamic evaluation of financial distress in the financial sharing environment and gave the weight assignment method of the evaluation indexes. Then, based on the probabilistic neural network (PNN), this study constructed a dynamic prediction model of financial distress and used experimental results to verify the effectiveness and feasibility of the constructed model.http://dx.doi.org/10.1155/2023/6259689
spellingShingle Jie Zhu
Hong Zhu
Nan Lin
A Dynamic Prediction Model of Financial Distress in the Financial Sharing Environment
Discrete Dynamics in Nature and Society
title A Dynamic Prediction Model of Financial Distress in the Financial Sharing Environment
title_full A Dynamic Prediction Model of Financial Distress in the Financial Sharing Environment
title_fullStr A Dynamic Prediction Model of Financial Distress in the Financial Sharing Environment
title_full_unstemmed A Dynamic Prediction Model of Financial Distress in the Financial Sharing Environment
title_short A Dynamic Prediction Model of Financial Distress in the Financial Sharing Environment
title_sort dynamic prediction model of financial distress in the financial sharing environment
url http://dx.doi.org/10.1155/2023/6259689
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AT nanlin adynamicpredictionmodeloffinancialdistressinthefinancialsharingenvironment
AT jiezhu dynamicpredictionmodeloffinancialdistressinthefinancialsharingenvironment
AT hongzhu dynamicpredictionmodeloffinancialdistressinthefinancialsharingenvironment
AT nanlin dynamicpredictionmodeloffinancialdistressinthefinancialsharingenvironment