基于熵的一种改进的电力企业融资能力信用评价模型

长期以来,由于电力行业的垄断性及其中大量的政府行为,使得电力企业并没有实现真正意义上的市场运营,整个电力行业所需资金完全由政府拨款或指令性金融贷款取得,导致对电力企业的融资能力评价研究的不多。企业融资能力强弱受多种因素的影响,其中既有定性的指标,又有定量的指标,本文将这些定量、定性混杂的问题综合为统一整体进行综合分析,引入熵权评价模型进行求解,将无序的信息变成有序可比信息,通过对电力行业10家上市公司融资能力的信用评价,表明该模型稳定可靠,采用该方法评价电力企业的融资能力信用是可行的。

An Improved Financing Capacity Credit Evaluation Model of the Electric Power Enterprises based on Entropy

For a long time,the necessary funds of entire electric power industry is fully funded by the government or mandatory financial loans due to the monopoly of the electric power industry and the government acts,and which results in the research on the electric power enterprise financing capacity evaluation is lacking.The financing capacity is influenced by many factors,including the qualitative indicators and quantitative indicators,the paper mixed these complicated problem into a unified whole to comprehensive analysis,introduced the entropy weight evaluating model which can turn the disorder comparable information into the orderly comparable information.The financing capacity evaluation of 10 listed enterprises in electric power industry shows that the results given by this model are reliable,and this method to evaluate the financing capacity is feasible.