Article ID: | iaor20043348 |
Country: | South Korea |
Volume: | 20 |
Issue: | 2 |
Start Page Number: | 165 |
End Page Number: | 177 |
Publication Date: | Nov 2003 |
Journal: | Korean Management Science Review |
Authors: | Han Ingoo, Jung Hyun-Soon, Kim Kyung-jae |
Keywords: | decision theory: multiple criteria, analytic hierarchy process |
This paper presents the prototype of corporate credit rating system using analytic hierarchy process (AHP). Prior studies have proposed various models of credit rating system, but most studies considered only financial information. Financial information, however, is only a small part of corporate information. In this study, the proposed credit rating system integrates both financial and non-financial information. Fifteen corporations are tested for the usefulness of the proposed system.