Title :
Research on power eeterprise´ financial risk appraisal based on fuzzy mathematics
Author_Institution :
Dept. of Econ. & Manage., North China Electr. Power Univ., Baoding, China
Abstract :
Financial risk is the most significant and comprehensive reflection form of the business risk. How to utilize these fuzziness financial targets to the financial risk´s appraisal, becomes now the key point on financial risk appraisal. In the foundation of analyzing the origin of thermoelectricity generation business finance risk, this paper establishes thermoelectricity generation business finance risk assessment model based on the fuzzy mathematics, and carries on the confirmation using the data of Datang International Power Generation Co., Ltd. Through analytical study, based on fuzzy mathematics´ financial risk evaluation model, the paper proves the feasibility that in our country thermal power enterprise finance risk assessment and the management, provides the help in enhancing the enterprise core competitiveness for our country thermal power enterprise under the electric power organizational reform´s background.
Keywords :
fuzzy set theory; power generation economics; risk management; thermal power stations; Datang International Power Generation; electric power organizational reform background; enterprise core competitiveness; fuzzy mathematics; power enterprise financial risk appraisal; thermal power enterprise finance risk assessment; thermoelectricity generation business finance risk; Appraisal; Companies; Electricity; Finance; Mathematics; Risk management; financial risk; fuzzy mathematics; thermal power enterprise;
Conference_Titel :
Management Science and Industrial Engineering (MSIE), 2011 International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-1-4244-8383-9
DOI :
10.1109/MSIE.2011.5707647