• DocumentCode
    1831140
  • Title

    Empirical research of enterprise strategic risk evaluation based on wavelet network

  • Author

    Tang Wei-ning ; Xu Fu-yuan

  • Author_Institution
    Bus. Sch., Normal Coll. of Huzhou, Huzhou, China
  • Volume
    5
  • fYear
    2011
  • fDate
    13-15 May 2011
  • Firstpage
    87
  • Lastpage
    93
  • Abstract
    Based on concept of enterprise strategic risk, a risk evaluation index system is set up which consists of five elements, including financial condition, market competition, enterprise resource, enterprise capability and business process firstly. Secondly, a corresponding comprehensive evaluation method based on wavelet network is proposed in detail for enterprise strategic risk evaluation. An empirical research for strategic risk evaluation was discussed by using the suggested method. Obviously, the application result of the method was comparatively more objective. Finally, the comparison between the mentioned approach and BPNN was discussed. It indicated that the method not only can evaluate enterprise strategic risk effectively and avoid some man-made mistakes, but also has better effective and efficient than BPNN.
  • Keywords
    backpropagation; financial management; neural nets; organisational aspects; risk management; strategic planning; BPNN; business process; enterprise capability; enterprise resource; enterprise strategic risk evaluation; financial condition; market competition; wavelet network; Adaptation model; Artificial neural networks; Business; Indexes; Materials; Technological innovation; Wavelet transforms; index system; risk evaluation; strategic risk; wavelet network;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Business Management and Electronic Information (BMEI), 2011 International Conference on
  • Conference_Location
    Guangzhou
  • Print_ISBN
    978-1-61284-108-3
  • Type

    conf

  • DOI
    10.1109/ICBMEI.2011.5914435
  • Filename
    5914435