摘要
从偿债能力、盈利能力、营运能力、成长能力四方面构建了财务评价指标体系;用熵值法确定指标权重,反映了数据本身的离散程度和财务状况的动态变化,避免了人为赋权的主观随意性;用TOPSIS确定评价得分,避免了对样本数量和数据分布的限制。通过基于熵权TOPSIS的财务评价模型对中国石化行业上市公司进行了实证研究,研究结果揭示了各公司财务状况的突出特征和影响评价的主要因素。
Establishes financial evaluation indicator system of listed companies from the aspects of solvency, profitability, operating capacity and the ability to grow; uses Entropy Weight to give the weight of each indicator to reflect the data＇s dispersion degree and dynamic change, which can avoid the artificial factors; uses TOPSIS to determine the evaluation scores to avoid the limit of sample quantity and data distribution. The empirical study of 14 listed companies in Petrochemical industry of China which uses the evaluation model based on Entropy-Weight TOPSIS with Ward Cluster reveals the significant characteristics of each company and the main factors that influence the evaluation result.
出处
《价值工程》
2009年第8期160-165,共6页
Value Engineering
