Chapter
Aug 8, 2018
International Conference on Construction and Real Estate Management 2018

Empirical Study of Risk Factors in Financial Condition of Chinese Real Estate Listed Companies

Publication: ICCREM 2018: Analysis of Real Estate and the Construction Industry

ABSTRACT

Evaluating the financial risks efficiently and taking measures effectively is an important proposition for Chinese real estate listed companies. In this paper, we review the prior research achievement in financial risk prevention. Basing on the advantages and boundedness of former researches, 25 reliable indicators are used as foundation in our multi-factor financial risk analysis. By means of the Chinese real estate listed enterprises data in 2016, we extract common factors from 25 financial indicators, and build logistic models to forecast financial risks with the indicators that contribute most to the factors. A test for model validity and suggestion is provided at the end of the paper.

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REFERENCES

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Go to ICCREM 2018
ICCREM 2018: Analysis of Real Estate and the Construction Industry
Pages: 98 - 107
Editors: Yaowu Wang, Professor, Harbin Institute of Technology, Yimin Zhu, Professor, Louisiana State University, Geoffrey Q. P. Shen, Professor, Hong Kong Polytechnic University, and Mohamed Al-Hussein, Professor, University of Alberta
ISBN (Online): 978-0-7844-8174-5

History

Published online: Aug 8, 2018

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Authors

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Bainan Yang [email protected]
Postgraduate, Dept. of Accounting, Harbin Institute of Technology, Harbin, China 150001. E-mail: [email protected]
Liang Liang [email protected]
Postgraduate, Dept. of Accounting, Harbin Institute of Technology, Harbin, China 150001. E-mail: [email protected]
Associate Professor, Dept. of Accounting, Harbin Institute of Technology, Harbin, China 150001. E-mail: [email protected]

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