Predictive model of effective sustainable operation for sustainable development of enterprises

• Main Authors: Wang Haitong, Cheng Ziyi, Li Hongyan
• Format: Article
• Language: English
• Published: EDP Sciences 2020-01-01
• Series: E3S Web of Conferences
• Online Access: https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/74/e3sconf_ebldm2020_02044.pdf

Business forecasting has a very important impact on the future development of listed companies. Especially in the current era of information, corporate financial information disclosure is more comprehensive, so a reasonable business forecasting model is particularly important in the market. For the study of business operation forecasting models, Chinese scholars have achieved relevant results. This article is mainly based on the existing models for innovation and development. By establishing two models, SR + CART and ANN + CART, and testing their prediction accuracy, it provides a more diverse and reasonable tool for business forecasting, which is beneficial to the efficient development of capital market. The results show that the ANN + CART model has higher prediction accuracy, and the overall prediction accuracy is 92%.