AHP-based grey relational comprehensive evaluation method of the capability of technological SME´s financing

Author

Li, Junxun ; Sun, Dingjie ; Xia, Wenfei ; Xue, Yang

Author_Institution

Sch. of Manage., Xi´´an Polytech. Univ., Xi´´an, China

Volume

4

fYear

2011

Firstpage

85

Lastpage

88

Abstract

Technological small and medium enterprise (henceforth technological SMEs) is a strong driving force for economy growth in China, financial problem has hindered its growth and development. This paper chooses 20 indices which are most correlative to the financing ability and constructs evaluation system of technological SMEs´ financing capability based on the knowledge of analytic hierarchy process (AHP) and the grey-relational theory. In the last part of this paper the corresponding evaluation model is set up after each index´s coefficient is worked out.

Keywords

decision making; financial management; grey systems; organisational aspects; small-to-medium enterprises; AHP-based grey relational comprehensive evaluation method; China; analytic hierarchy process; financial problem; small and medium enterprise; technological SME financing; Analytical models; Business; Correlation; Eigenvalues and eigenfunctions; Finance; Indexes; Technological innovation; AHP; Grey Relational Analysis; Technological small and medium enterprises; financing capability; system of evaluation indexes;

fLanguage

English

Publisher

ieee

Conference_Titel

Business Management and Electronic Information (BMEI), 2011 International Conference on

Print_ISBN

978-1-61284-108-3

Type

conf

DOI

10.1109/ICBMEI.2011.5920924

Filename

5920924