FUZZY SETS THEORY FOR LEASING’S CREDIT RISK ASSESSMENT: EMPIRICAL EVIDENCE
Journal Title: European Journal of Business and Social Sciences - Year 2014, Vol 2, Issue 12
Abstract
Risk management is approached as one of the most important internal activities in finance sector that determines most of the decisions performed by the financial institution. However, in the academic literature there is highlighted the need to create specific models of credit risk assessment that are adapted to services distinguishes with lower risk level, and in this way there is created the possibility to modify the risk assessment process keeping the chosen risk level for the situation. In this publication there is presented the empirical research results of credit risk assessment model application in practice. The results of empirical research enables to state that creditor, applying fuzzy sets theory in credit risk assessment model, is able to assess the credit risk of potential debtor in a quite easy way if automated systems and digital hardware is used.
Authors and Affiliations
Vaidas Paužuolis| (Corresponding Author) Kaunas University of Technology, K. Donelaičio g. 73, LT-3006 Kaunas vaidas.pauzuolis@gmail.com, phone: +370 655 39059, Dr. Aurelijus Cvilikas| Kaunas University of Technology, K. Donelaičio g. 73, LT-3006 Kaunas a.cvilikas@yahoo.com
Keywords
Related Articles
- EP ID EP10365
- DOI -
- Views 330
- Downloads 15
FLASH FLOOD RISK ASSESSMENT APPLYING MULTI-CRITERIA ANALYSIS FOR SOME NORTHWESTERN COASTAL BASINS, EGYPT
Water resources are increasingly a constraint on economic and social development in Egypt. Coping with the water scarcity in the North Western Coastal zone Basins (NWCB) requires good management for the flash floods....
RELATIONSHIP WITH STAKEHOLDERS IN BRAZILIAN ENERGY COMPANIES
The paper seeks to identify and analyze the means of approaching with stakeholders, which have been used and reported in sustainability reports by the companies within the electrical energy sector included in the Cor...
MENTAL IMAGERY TRAINING PROGRAM IMPLEMENTATION AND MEASUREMENT FOR ELITE ATHLETES
TCT he field of sports and exercise psychology mainly examines the effect of emotional and psychological factors on sportive performance. The condition that the athlete is in from psychological and emotional perspect...
THE EFFECTS OF EMPLOYEE SKILL SET IN INTEGRATED FINANCIAL MANAGEMENT INFORMATION SYSTEM ON SERVICE DELIVERY IN THE MINISTRY OF INTERIOR AND COORDINATION OF NATIONAL GOVERNMENT IN KENYA
The introduction of the Integrated Financial Management system, Electronic Funds Transfer, the Pension system and the Public debt management systems among others, have been premised on the realization that government...
THE IMPACT OF MARKETING INFORMATION SYSTEMS QUALITY IN IMPROVING THE COMMERCIAL PERFORMANCE OF ORGANIZATIONS: ANALYTICAL ESSAY ON THE CASE OF AGRI-FOOD COMPANIES IN THE REGION OF SOUSS MASSA DRAA1, MOROCCO
The objective of this article is to reveal the relationship between the quality of Marketing Information Systems and improving the commercial performance of the company. To do this, we conducted a collection data, we...