Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

Study on Establishment of Enterprise Financial Risk Assessment Model Based on Entropy Weight TOPSIS

Authors
Taiyu Wang1, *, Xianhui Deng2
1School of Advanced Studies, Saint Louis University, Baguio City, Benguet, Philippines, 2600
2School of Economics and Management, Tibet University, Lhasa City, Tibet Autonomous Region, China, 850000
Corresponding author’s email: wangtaiyu0906@16.com
Corresponding Author
Taiyu Wang
Available Online 15 December 2021.
DOI
https://doi.org/10.2991/assehr.k.211209.549How to use a DOI?
Keywords
Enterprise financial risk; entropy weight TOPSIS; financial risk assessment model
Abstract

More and more enterprises have realized the importance of financial risk management. Financial risk can lead to operational losses and reputational damage, but it can also bring potential benefits. If companies focus on expected risks, combining risk management with corporate strategies can better achieve strategic goals and improve competitiveness. This paper uses Entropy Weight TOPSIS to analyze the main financial indicators and establish a financial risk assessment model to help companies apply the dynamic financial risk management process in their business management.

Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
15 December 2021
ISBN
978-94-6239-483-4
ISSN
2352-5428
DOI
https://doi.org/10.2991/assehr.k.211209.549How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Taiyu Wang
AU  - Xianhui Deng
PY  - 2021
DA  - 2021/12/15
TI  - Study on Establishment of Enterprise Financial Risk Assessment Model Based on Entropy Weight TOPSIS
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 3380
EP  - 3385
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.549
DO  - https://doi.org/10.2991/assehr.k.211209.549
ID  - Wang2021
ER  -