Supply Chain Financial Risk Evaluation of Small- and Medium-Sized Enterprises under Smart City
Prevention and control of risks are an eternal theme of financial institutions. Although, to some extent, the emergence of supply chain finance can enhance the financing capacity of small- and medium-sized enterprises (SMEs) and reduce financial risks of financial institutions, with the development...
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Series: | Journal of Advanced Transportation |
Online Access: | http://dx.doi.org/10.1155/2020/8849356 |
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doaj-0b5d2318e5f3487ba7700cbefffca0c02020-11-25T03:22:52ZengHindawi-WileyJournal of Advanced Transportation0197-67292042-31952020-01-01202010.1155/2020/88493568849356Supply Chain Financial Risk Evaluation of Small- and Medium-Sized Enterprises under Smart CityKeyu Wang0Fuhai Yan1Yangjingjing Zhang2Yunlong Xiao3Lexi Gu4Department of Mechanical, Aerospace and Civil Engineering, The University of Manchester, Manchester, UKBusiness School, Sichuan University, Chengdu, ChinaBusiness School, Sichuan University, Chengdu, ChinaBusiness School, Sichuan University, Chengdu, ChinaDepartment of Applied Mathematics, The Hong Kong Polytechnic University, Hung Hom, Hong KongPrevention and control of risks are an eternal theme of financial institutions. Although, to some extent, the emergence of supply chain finance can enhance the financing capacity of small- and medium-sized enterprises (SMEs) and reduce financial risks of financial institutions, with the development of smart city and smart finance, the financial risks of SMEs are more complex, infectious, dormant, and difficult to accurately identify and measure. Facing this status, financial institutions have been required to understand and evaluate the financial risks of SMEs from a new perspective. Therefore, this paper, based on the study of financial risks assessment of SMEs under the smart city and smart finance, innovatively constructs a new index evaluation system for supply chain finance, based on improved hesitant fuzzy linguistic PROMETHEE method, and the effectiveness and advantages of the model have been verified through an example. To a certain degree, the SMEs financing the evaluation model and improved PROMETHEE method can not only help financial institutions reduce the risks in the specific financial transactions but also reduce the survival threat of financial institutions. Moreover, it is of positive significance to the stable operation of the financial system.http://dx.doi.org/10.1155/2020/8849356 |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Keyu Wang Fuhai Yan Yangjingjing Zhang Yunlong Xiao Lexi Gu |
spellingShingle |
Keyu Wang Fuhai Yan Yangjingjing Zhang Yunlong Xiao Lexi Gu Supply Chain Financial Risk Evaluation of Small- and Medium-Sized Enterprises under Smart City Journal of Advanced Transportation |
author_facet |
Keyu Wang Fuhai Yan Yangjingjing Zhang Yunlong Xiao Lexi Gu |
author_sort |
Keyu Wang |
title |
Supply Chain Financial Risk Evaluation of Small- and Medium-Sized Enterprises under Smart City |
title_short |
Supply Chain Financial Risk Evaluation of Small- and Medium-Sized Enterprises under Smart City |
title_full |
Supply Chain Financial Risk Evaluation of Small- and Medium-Sized Enterprises under Smart City |
title_fullStr |
Supply Chain Financial Risk Evaluation of Small- and Medium-Sized Enterprises under Smart City |
title_full_unstemmed |
Supply Chain Financial Risk Evaluation of Small- and Medium-Sized Enterprises under Smart City |
title_sort |
supply chain financial risk evaluation of small- and medium-sized enterprises under smart city |
publisher |
Hindawi-Wiley |
series |
Journal of Advanced Transportation |
issn |
0197-6729 2042-3195 |
publishDate |
2020-01-01 |
description |
Prevention and control of risks are an eternal theme of financial institutions. Although, to some extent, the emergence of supply chain finance can enhance the financing capacity of small- and medium-sized enterprises (SMEs) and reduce financial risks of financial institutions, with the development of smart city and smart finance, the financial risks of SMEs are more complex, infectious, dormant, and difficult to accurately identify and measure. Facing this status, financial institutions have been required to understand and evaluate the financial risks of SMEs from a new perspective. Therefore, this paper, based on the study of financial risks assessment of SMEs under the smart city and smart finance, innovatively constructs a new index evaluation system for supply chain finance, based on improved hesitant fuzzy linguistic PROMETHEE method, and the effectiveness and advantages of the model have been verified through an example. To a certain degree, the SMEs financing the evaluation model and improved PROMETHEE method can not only help financial institutions reduce the risks in the specific financial transactions but also reduce the survival threat of financial institutions. Moreover, it is of positive significance to the stable operation of the financial system. |
url |
http://dx.doi.org/10.1155/2020/8849356 |
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