Credit Evaluation System for Construction Enterprises based on Improved Grey Relation Analysis Model
As a typical capital-intensive industry,the construction industry is affected by policy,economic and other factors,and there is a phenomenon of increased financial pressure and even the rupture of the capital chain,which is likely to lead to bad debts of banks,and then indirectly trigger financial crisis.Therefore it is very important to establish a set of credit evaluation system for construction enterprises.However the existing evaluation methods do give detailed indicators,but do not quantify the credit of enterprises.At the same time,the traditional gray correlation analysis model is not friendly to small and medium-sized enterprises.Therefore,This paper is committed to proposing a construction credit evaluation system based on the improved grey correlation analysis medel,supplemented by actual data to verify the feasibility and practical significance.