Assessment of a failure prediction model in the European energy sector: A multicriteria discrimination approach with a PROMETHEE based classification

作者：

Highlights：

• We apply the M.H.DIS method for credit risk assessment of energy companies;

• We extend the M.H.DIS model development with the PROMETHEE II method;

• Energy firms lacking of CRAs’ judgement are evaluated with the proposed model;

• We provide a robust discrimination model in terms of accuracy rate.

摘要

•We apply the M.H.DIS method for credit risk assessment of energy companies;•We extend the M.H.DIS model development with the PROMETHEE II method;•Energy firms lacking of CRAs’ judgement are evaluated with the proposed model;•We provide a robust discrimination model in terms of accuracy rate.

论文关键词：Multiple Criteria Analysis,Failure prediction,Credit Rating Agencies,Energy sector

论文评审过程：Received 26 June 2020, Revised 26 June 2021, Accepted 28 June 2021, Available online 3 July 2021, Version of Record 23 July 2021.

论文官网地址：https://doi.org/10.1016/j.eswa.2021.115513