Financial Management Early-Warning Mechanism Construction and Decision Analysis Research Based on Wireless Sensor Network and Data Mining

Author:

Chang Zeyuan1,Yang Heran2ORCID

Affiliation:

1. Business School, Shandong Normal University, Jinan, 250014 Shandong, China

2. D’Amore-Mckim School of Business, Northeastern University, Boston, 02115 MA, USA

Abstract

With the gradual and complete establishment of the current socialist legal market economy management system with Chinese characteristics and the continuous investment in deepening system reform and continuous improvement in the later period, the social financial industry and corporate financial management have gradually increased their risk awareness of corporate financial management. This paper deeply analyzes and studies the statistical methods of financial data-related legal rule interactive mining and proposes a new improved statistical algorithm of financial-related legal rules, which greatly improves the work efficiency of financial data interactive mining. At the same time, a multilevel analysis model based on the concept of corporate financial crisis risk assessment and a corporate financial crisis risk early-warning analysis model for decision-making risk evaluation are proposed. Finally, it can be determined how to choose more internationally representative corporate financial management risk analysis indicators, which have more objectivity and practical application significance than traditional analysis methods. Finally, it is concluded that the accuracy of this model is better than that of other models. The accuracy rate of financial crisis prediction reached 62.35%.

Publisher

Hindawi Limited

Subject

Electrical and Electronic Engineering,Computer Networks and Communications,Information Systems

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