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Gonçalves, T. S. H., Ferreira, F. A. F., Jalali, M. S. & Meidute-Kavaliauskiene, I. (2016). An idiosyncratic decision support system for credit risk analysis of small and medium-sized enterprises. Technological and Economic Development of Economy. 22 (4), 598-616
T. S. Gonçalves et al., "An idiosyncratic decision support system for credit risk analysis of small and medium-sized enterprises", in Technological and Economic Development of Economy, vol. 22, no. 4, pp. 598-616, 2016
@article{gonçalves2016_1732203831711, author = "Gonçalves, T. S. H. and Ferreira, F. A. F. and Jalali, M. S. and Meidute-Kavaliauskiene, I.", title = "An idiosyncratic decision support system for credit risk analysis of small and medium-sized enterprises", journal = "Technological and Economic Development of Economy", year = "2016", volume = "22", number = "4", doi = "10.3846/20294913.2015.1074125", pages = "598-616", url = "https://journals.vgtu.lt/index.php/TEDE/article/view/741" }
TY - JOUR TI - An idiosyncratic decision support system for credit risk analysis of small and medium-sized enterprises T2 - Technological and Economic Development of Economy VL - 22 IS - 4 AU - Gonçalves, T. S. H. AU - Ferreira, F. A. F. AU - Jalali, M. S. AU - Meidute-Kavaliauskiene, I. PY - 2016 SP - 598-616 SN - 2029-4913 DO - 10.3846/20294913.2015.1074125 UR - https://journals.vgtu.lt/index.php/TEDE/article/view/741 AB - Small and medium-sized enterprises (SMEs) are currently considered an important driving force of economic growth. Several studies have been developed to analyse this issue and, in particular, to assess the credit risk of SMEs. Most of these applications, however, share the same methodological limitations, such as the manner by which criteria are selected, or the methods used for calculating the weights between them. Based on the integrated use of cognitive mapping techniques and the Interactive Multiple Criteria Decision Making (TODIM) approach, this study aims to create an idiosyncratic decision support system for the identification of multiple criteria and the calculation of their respective weights (i.e. the trade-offs) in the evaluation of SME credit risk. The results show that the model created in this study allows for simple and straightforward credit concession decisions, facilitating the evaluation of SME credit applications through more informed and transparent risk assessments. Practical implications, strengths and weaknesses of the proposed framework are analysed and discussed. ER -