Research on influencing factors of financial performance of listed companies based on multiple linear regression and fuzzy logic system

Abstract

The ultimate goal of listed companies is to maximize shareholders’ wealth. With the increasingly fierce market competition, enterprise managers are constantly exploring the key indicators that have an important impact on the financial performance (FP) of enterprises, and achieve the expected FP of shareholders by improving these key indicators. On the basis of the existing enterprise performance measurement system and index research, through expert scoring to determine the secondary indicators, this paper selects 87 small and medium-sized board listed companies which officially announced the implementation of equity incentive from 2009 to 2012 as the sample, takes the financial information disclosed in 2013 as the empirical data, and analyzes the traditional multiple linear regression analysis (MLR) When dealing with big data, especially the data with hierarchical structure, this paper proposes a partial regression coefficient calculation model based on hierarchical data, constructs a multiple nonlinear regression model, and concludes through empirical analysis that there is a nonlinear correlation between equity incentive ratio and corporate performance, and that there is an interval effect between equity incentive ratio and corporate performance. We also present Fuzzy based financial performance prediction of listed companies. Finally, we demonstrate Comparative analysis for financial prediction in term of accuracy between multiple regression model and fuzzy logic system and result deduce that fuzzy logic gives better accuracy than regression model.