Group Decision-Making Technique for Risk Assessment of Corporate Financial Management Under Probability Hesitant Fuzzy Sets

Xueqing Liu, Sirui Wang, Siyu Wang and Yong Lei
Additional contact information
Xueqing Liu: Tianjin University of Science and Technology, China
Sirui Wang: Tianjin University of Science and Technology, China
Siyu Wang: Nankai University, China
Yong Lei: Changsha Normal University, China

International Journal of Decision Support System Technology (IJDSST), 2025, vol. 17, issue 1, 1-18

Abstract: Corporate financial management risk evaluation is the process of identifying, analyzing, and assessing potential risks that may impact a company's financial stability and performance. It involves examining areas such as liquidity risk, credit risk, market risk, and operational risk. The risk assessment of corporate financial management is MAGDM. The probabilistic hesitant fuzzy sets (PHFSs) are used as a tool for characterizing uncertain data during the risk assessment of corporate financial management. In this paper, we extend the grey relational analysis (GRA) approach to the probabilistic hesitant fuzzy MAGDM with incompletely known weight information. Then, the attribute weight values are obtained through GRA approach and single objective optimization model. Then, probabilistic hesitant fuzzy GRA (PHF-GRA) approach is built for MAGDM under PHFSs. Finally, a practical study for risk assessment of corporate financial management is designed to validate the proposed approach and some comparative studies are also designed to verify the applicability.

Date: 2025
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://services.igi-global.com/resolvedoi/resolve.aspx?doi=10.4018/IJDSST.371414 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:igg:jdsst0:v:17:y:2025:i:1:p:1-18

Access Statistics for this article

International Journal of Decision Support System Technology (IJDSST) is currently edited by Shaofeng Liu

More articles in International Journal of Decision Support System Technology (IJDSST) from IGI Global
Bibliographic data for series maintained by Journal Editor ().