Credit Risk Assessment of Supply Chain Financing with a Grey Correlation Model: An Empirical Study on China’s Home Appliance Industry

Xiaohan Huang, Jihong Sun, Xiaoyun Zhao and Baogui Xin

Complexity, 2021, vol. 2021, 1-12

Abstract: Supply chain finance (SCF) plays an increasingly important role in global enterprise competition. The credit risk accompanying SCF has attracted the attention of the government, enterprises, and academia. However, with the absence of data and inaccurate information, traditional risk assessment methods are frequently failed to assess the credit risk in SCF, especially for small- and medium-sized enterprises (SMEs). In this study, a grey correlation model is introduced and applied to the SCF risk assessment process for 15 firms in the Chinese home appliance industry with 15 performance indicators that represent profitability, solvency, operational capability, and development capability. The empirical study displays the operability and effectiveness of the grey correlation model, which is superior to traditional methods in the supply chain financial risk assessment.

Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://downloads.hindawi.com/journals/complexity/2021/9981019.pdf (application/pdf)
http://downloads.hindawi.com/journals/complexity/2021/9981019.xml (application/xml)

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:hin:complx:9981019

DOI: 10.1155/2021/9981019

Access Statistics for this article

More articles in Complexity from Hindawi
Bibliographic data for series maintained by Mohamed Abdelhakeem (mohamed.abdelhakeem@hindawi.com).