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A Study on the Impact of Corporate Financial Accounting Management System on Corporate Innovation Under Sustainable Development Strategy

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  • Mei Yang

    (School of Accounting, Sichuan Vocational College of Finance and Economics, Chengdu 610101, P. R. China)

Abstract

In the complex and changeable macro-economy, the sustainable development of enterprises is closely related to their ability to resist risks. To analyze the influencing factors of listed enterprises’ anti risk ability, this study constructs an indicator system of influencing variables through principal component analysis. The financial risk early warning method based on improved RBF neural network is constructed. Afterwards, the relevance of the indicator system was confirmed by the Kaiser-Meyer–Olkin (KMO) test. And in simulation experiments, it compared the classification performance of the BP neural network and the improved RBF model combined with the clustering algorithm. In the training dataset, the classification accuracy of the BP neural network was 79.6% while that of the improved RBF model was as high as 93.6%. In the 30 test datasets, the BP neural network appeared to have seven false positives. In the 30 test datasets, the BP neural network produced seven false judgments, while the proposed method only had three judgment errors. Several experiments showed that the BGD-RBF financial risk early warning model effectively maintained a high performance in the classification accuracy of enterprise financial status. It is more reliable than the traditional BP neural network method.

Suggested Citation

  • Mei Yang, 2024. "A Study on the Impact of Corporate Financial Accounting Management System on Corporate Innovation Under Sustainable Development Strategy," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 23(01), pages 1-17, February.
  • Handle: RePEc:wsi:jikmxx:v:23:y:2024:i:01:n:s0219649224500084
    DOI: 10.1142/S0219649224500084
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