Crisis analysis and prevention and control of financial leverage imbalance in shareholder equity pledge based on DANP model
The process of economic globalization is accelerating, and the financial risks that listed companies need to face are more complicated. In order to clarify the impact of shareholder equity pledge on financial leverage imbalance crisis, this study explores financial leverage imbalance crisis of shareholder equity pledge based on DANP model. Fully consider the financial leverage effect and the potential risks of shareholder equity pledge, use the DANP financial leverage imbalance early warning model to analyze the impact of shareholder equity pledge on the financial leverage imbalance crisis, establish a financial leverage imbalance early warning evaluation index system, and preprocess the early warning evaluation indicators. Determine the constant weight of each evaluation index, and obtain the final financial leverage imbalance crisis early warning evaluation value based on the determined constant weight. Results show that the DANP model can accurately analyze the financial leverage imbalance crisis in the case of shareholder equity pledges, clarify the company’s financial status in the case of shareholder equity pledges, and propose to standardize equity pledge behavior and improve the company’s internal control system in response to the crisis of shareholder equity pledge financial leverage imbalances. Improve the three prevention and control measures of the independent director system to enhance the ability of enterprises to resist the crisis of financial leverage imbalance.