Title :
Research on financial risk early warning indexes system based on combination weight
Author :
Zhirui, Liu ; Zheng, Qin
Author_Institution :
Inf. Manage. & Eng., Shanghai Univ. of Finance & Econ., Shanghai, China
Abstract :
In this paper, from the view of financial risk early-warning, we select the indexes which can give early-warning of financial crisis, and propose two ways from subjectivity and objectivity to get weights, where we choose factorial analysis as objective method, and Analytic Hierarchy Process as subjective method. Then we use combined means to acquire a compositive weight of each index, then it can reflect the importance of each index in financial risk early-arming. At last, we can perpetrate early-arming of the condition of financial safety via the weight of the indexes.
Keywords :
decision making; financial management; risk management; statistical analysis; analytic hierarchy process; combination weight; factorial analysis; financial crisis; financial risk early warning index system; objective method; subjective method; Economic indicators; Eigenvalues and eigenfunctions; Exchange rates; Indexes; Macroeconomics; Stock markets; AHP; Factorial analysis; Financial early-warning index; combined means;
Conference_Titel :
Business Management and Electronic Information (BMEI), 2011 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-1-61284-108-3
DOI :
10.1109/ICBMEI.2011.5916957