The Combination Forecasting Model for Financial Distress Prediction of Listed Corporations Based on Support Vector Machines

This paper establish a new model of financial distress prediction---the combination forecasting model based on support vector machines (CFSVM), with Chinese listed corporations as samples. After rectifying the model, it gets higher predicting precision. Comparing to other warning models, the CFSVM model for listed corporations in financial distress prediction really has bigger application foreground because of its better characters such as higher accuracy rate.