Evaluating Risks of Mergers & Acquisitions by Grey Relational Analysis Based on Interval-Valued Intuitionistic Fuzzy Information
Liu Hongjiu,
Liu Qingyang and
Hu Yanrong
Mathematical Problems in Engineering, 2019, vol. 2019, 1-7
Abstract:
Purpose . The purpose of our research is to explore a new grey relational analysis method when information of decision making is interval-valued, intuitionistic, fuzzy, and uncertain in risk analysis of Mergers & Acquisitions. Design/Methodology/Approach . We proposed a new method to evaluate risks of Mergers & Acquisitions. The process of our method is to determine the positive and negative ideal solutions of interval-valued intuitional fuzzy uncertain language firstly. Then, calculate grey relational grades of every evaluating value for positive or negative ideal solutions. Third, determine the weights of attributes by a linear programming model if part of attribute information is known. Fourth, calculate grey relational grades of each alternative for the positive or negative ideal solutions. Lastly, calculate relative grey relational grades and sort the alternatives. Findings . Our case analysis demonstrated that the new grey relational analysis is an effective tool to evaluate the risks of Mergers & Acquisition when information of decision making is interval-valued, intuitionistic, fuzzy, and uncertain. At the same time, we also bring forward the steps of evaluation. Originality/Value . Because risks of Mergers & Acquisitions decide its success or failure to some extent, it is very important to evaluate them by feasible and available method. However, the information of risks is fuzzy and uncertain usually. The new grey relational analysis based on Interval-Valued Intuitionistic Fuzzy Information does not only evaluate risks of Mergers & Acquisitions but also can be widely applied to similar problems of decision making in other fields.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlmpe:3728029
DOI: 10.1155/2019/3728029
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