Author(s)

Shuo Zhang, Fangyi Ding, Yuxi Liu

Corresponding Author

Shuo Zhang

ABSTRACT

We propose a credit decision model for micro, small and medium enterprises (MSMEs) based on the fuzzy comprehensive evaluation model to realize banks' scientific and reasonable lending to MSMEs. We made a preliminary prediction and analysis of credit risk influencing factors and successively used the Delphi method, hierarchical analysis, and fuzzy comprehensive evaluation to establish a specific and reliable comprehensive index system for enterprise credit risk assessment, and then proposed specific criteria for assigning values and carried out hierarchical total ranking to calculate the good ratio of the enterprise finally. Based on the expert grading opinion and "long-tail theory," the enterprise's credit risk level and credit policy are finally determined. Then, we added the influence of the emergent factors. The Delphi method, hierarchical analysis, and fuzzy evaluation method were used to classify further, process, and evaluate the influencing factors of enterprise credit risk assessment and optimize the previously obtained enterprise credit assessment model.

KEYWORDS

Credit decision, fuzzy comprehensive evaluation, hierarchical analysis, Delphi method