Table 1 Input indicators for the enterprise risk stage.
Input Indicators | Detailed Indicators | |
|---|---|---|
Corporate Governance | Foreign ownership ratio | Percentage of shares held by foreign legal persons and foreign natural persons among the top ten shareholders |
Domestic ownership ratio | Top ten shareholders’ state, state-owned legal person, domestic natural person, and domestic non-state legal person shareholding ratio | |
Insider ownership ratio | Number of regulatory holdings as a percentage of total shares | |
Corporate Characteristics | Firm size | Natural logarithm of the book value of total assets |
Leverage ratio | Liabilities as a percentage of total assets | |
Opacity | Intangible assets as a percentage of total assets | |
Liquidity | Deposits and loans as a percentage of total assets | |
Idle funds | Cash to total assets | |
Sales growth rate | Growth rate of operating income for the previous period | |
Operating costs | Total operating costs as a percentage of total assets | |
