Notice of RetractionPredicting corporate financial distress based on RS-PCA-RBFN model

This paper is to propose a hybrid rough sets and PCA-RBFN model for corporate financial distress prediction in an attempt to suggest a new model with better explanatory power and stability. To serve this purpose, the RS is applied to reduce the indicator, and the PCA method is employed to select indicators, the RBFN is finally used as a predicting tool for corporate financial situation. In addition, to evaluate the performance of the proposed approach, we compare its results with those of BPN and conventional RBFN. The experimental results show that the proposed hybrid model outperforms the other methods.