Title: Risk analysis of private equity financing of manufacturing industry based on DANP model

Authors: Hao-tian Ma; Alia Erbolat; Ren-de Li

Addresses: Library, University of Shanghai for Science and Technology, 516 Jungong Rd., Shanghai 200093, China ' School of Journalism and Communication, Shanghai University, 149 Yanchang Rd., Shanghai 200444, China ' Library, University of Shanghai for Science and Technology, 516 Jungong Rd., Shanghai 200093, China

Abstract: The risk of private equity financing is a multi-level, multi-factor complex system, and its risk assessment has the characteristics of ambiguity and uncertainty. In order to be able to conduct a comprehensive and effective evaluation of private equity financing under carbon neutrality, a DNP method of hybrid multi-objective decision MCDM is applied to evaluate the risk of private equity financing. The results show that the DANP method uses the ANP method to perform the double-weighted operation to obtain the mixed weight of the four-level index based on the weight of the three-level index of the DEMATEL method. It considers the interaction between levels and makes the risk analysis of private equity financing more reliable. Besides, empirical analysis of the impact of various influencing factors on private equity financing. The research results not only reduce the investment risk of private equity funds in the financing process but also make better assessments for financing companies. It also improves the DANP method and performs double-weighted mixed operations between levels to avoid the unreliability of the system, thereby enriching the risk research of private equity financing based on quantitative methods.

Keywords: private equity financing; risk assessing indicator system; risk evaluation; DANP model; blended weight; manufacturing industry.

DOI: 10.1504/IJIMS.2024.140229

International Journal of Internet Manufacturing and Services, 2024 Vol.10 No.2/3, pp.189 - 202

Received: 27 Sep 2022
Accepted: 01 Nov 2022
Published online: 31 Jul 2024 *

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