Financial Risk Evaluation for High-Tech Enterprises in China - Based on the Perspective of Grey System Theory

Due to superior difficulty and uncertainty of technological research and development, high-tech enterprises have greater risks than traditional enterprises in operation and finance. For sound and rapid development of high-tech enterprises, it is necessary to carry out financial risk analysis on an overall basis. Based on the Grey System Theory, the paper, by constructing financial risk evaluation index system, has established grey correlation model. It is feasible in terms of risk evaluation, which is demonstrated by empirical test.