Research on Financial Risk Comprehensive Evaluation of CNPC based on AHP
Available Online May 2019.
- https://doi.org/10.2991/bems-19.2019.79How to use a DOI?
- China National Petroleum Corporation (CNPC), Financial Risk, AHP, weight, Comprehensive evaluation.
- This study establishes a comprehensive evaluation system of 15 financial indicators of four categories in the petroleum industry by using analytic hierarchy process (AHP). By comparing the financial indicators of each two levels, the corresponding judgment matrix is constructed, and the total weight ranking is obtained by normalization. The efficiency coefficient method is used to standardize the score of each financial indicator, and then the financial risk evaluation value is obtained by combining the weight coefficient. This paper makes a detailed analysis of the three problems of CNPC, which are more liabilities, poor short-term repayment ability and slower expansion of enterprises, and puts forward corresponding rationalization suggestions.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Juanling Wang PY - 2019/05 DA - 2019/05 TI - Research on Financial Risk Comprehensive Evaluation of CNPC based on AHP BT - 1st International Conference on Business, Economics, Management Science (BEMS 2019) PB - Atlantis Press SN - 2352-5428 UR - https://doi.org/10.2991/bems-19.2019.79 DO - https://doi.org/10.2991/bems-19.2019.79 ID - Wang2019/05 ER -