Empirical Research on Financial Distress Prediction of Listed Corporations with Sport Vector Machines Model

Financial Index is always an important approach to evaluate companies' financial condition. This paper, based on analysis of disadvantages of traditional financial index system, uses way of factor analysis, and extracts nine of the most important common factors from usual financial index, then verifies effectiveness of these common factors by using statistical method. At last, we select seven common factors to construct a new index system in the comprehensive financial evaluation system, and then stakeholders of listed company can conveniently use this integrated evaluation index system to evaluate effectually listed company's financial position.