An comprehensive rating model of manufacturing enterprise´s credit risk based on logistics finance

Author

Jianfeng, Luo ; Tianshan, Ma

Author_Institution

Fac. of Transp. Eng., Huaiyin Inst. of Technol., Huaian, China

Volume

15

fYear

2010

fDate

22-24 Oct. 2010

Abstract

This paper establishes a index system of manufacturing enterprise´s credit risk based on logistics finance, which includes product demand attrbute index, enterprise´s operation capability index, industry risk index. The qualitative index and quantitative index are measured by fuzzy evaluation (FE) method and principal components analysis (PCA) method respectively. Then the qualitative rating and quantitative rating are put forward, which weights are decided by analytic hierarchy process (AHP). Finally, the comprehensive evaluation rating model is set up, which combines subjectivity of FE and AHPwith the objectivity of PCA. The evaluation results are more objective and rational, compared to the usual method.

Keywords

financial management; fuzzy set theory; logistics; principal component analysis; risk management; AHP; PCA; analytic hierarchy process; comprehensive rating model; credit risk; fuzzy evaluation method; logistics finance; manufacturing enterprise; principal components analysis; product demand attrbute index; Logistics; Manufacturing; Comprehensive Rating Model; Logistics Finance; fuzzy evaluation (FE); manufacturing enterprise´s Credit Risk; principal components analysis (PCA);

fLanguage

English

Publisher

ieee

Conference_Titel

Computer Application and System Modeling (ICCASM), 2010 International Conference on

Conference_Location

Taiyuan

Print_ISBN

978-1-4244-7235-2

Electronic_ISBN

978-1-4244-7237-6

Type

conf

DOI

10.1109/ICCASM.2010.5622102

Filename

5622102