Comprehensive evaluation method of enterprise financial risk based on fuzzy grey correlation analysis

In this paper, a comprehensive evaluation method of enterprise financial risk based on fuzzy grey correlation analysis is proposed. Firstly, the comprehensive evaluation index system of enterprise financial risk is constructed, and the comprehensive evaluation index of risk is differentiated according to the judgment matrix. Then, based on fuzzy grey relational analysis, a judgment matrix is constructed to determine the weight of financial risk indicators. Finally, optimise the comprehensive evaluation sub-node to realise the comprehensive evaluation of enterprise financial risk. The experimental results show that the graphic area enclosed by PR curve, X-axis and Y-axis is close to 1, the financial health index is above 80%, and the false alarm rate is below 15%, which has good evaluation performance.

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Publication Details

Journal
International Journal of Business Intelligence and Data Mining
Published
2024-08-15
DOI
https://doi.org/10.1504/ijbidm.2025.10066018
Primary Topic
Risk Management in Financial Firms
Type
article
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article

Comprehensive evaluation method of enterprise financial risk based on fuzzy grey correlation analysis

Xuena Lin, Guijun Shang
International Journal of Business Intelligence and Data Mining
Risk Management in Financial Firms
article

Comprehensive evaluation method of enterprise financial risk based on fuzzy grey correlation analysis

Xuena Lin, Guijun Shang
article en

Abstract

In this paper, a comprehensive evaluation method of enterprise financial risk based on fuzzy grey correlation analysis is proposed. Firstly, the comprehensive evaluation index system of enterprise financial risk is constructed, and the comprehensive evaluation index of risk is differentiated according to the judgment matrix. Then, based on fuzzy grey relational analysis, a judgment matrix is constructed to determine the weight of financial risk indicators. Finally, optimise the comprehensive evaluation sub-node to realise the comprehensive evaluation of enterprise financial risk. The experimental results show that the graphic area enclosed by PR curve, X-axis and Y-axis is close to 1, the financial health index is above 80%, and the false alarm rate is below 15%, which has good evaluation performance.

International Journal of Business Intelligence and Data MiningVol. 1(1)
Jiaxing Vocational Technical College (CN), Xinxiang University (CN)
Openalex Percentile: Top 79%
Risk Management in Financial Firms
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