IDEAS home Printed from https://ideas.repec.org/a/ris/sccars/022112.html

Research on Evaluation of Financial Risks in Agricultural Product Supply Chains Based on An Improved DEMATEL Method

Author

Listed:
  • Xiaowo Wu

    (College of Sciences and Engineering, University of Tasmania)

  • Xi Zhou

    (Jiyang College, Zhejiang A&F University)

  • Shuxia Sun

    (Jiyang College, Zhejiang A&F University)

Abstract

In order to improve the rationality, accuracy, and timeliness of decisions on financial risks in agricultural product supply chains, it is necessary to evaluate and control these risks sensibly. In this paper, research is conducted on financial risk factors in agricultural product supply chains, and on this basis a financial risk evaluation index system for such supply chains is built in four identified dimensions – credit risk, market risk, pledge risk, and supply chain relation risk. Next, the weights of risk indexes are measured by means of combined weighting based on subjective F-AHP method and objective CRITIC method. The final risk weight coefficients are then derived with EDAS method. With the aid of an improved DEMATEL method, the agricultural product supply chain financial risk factors are analyzed, and comprehensive impact degrees of different risk factors in agricultural product supply chains are calculated. The calculation results show that financial risks in agricultural product supply chains are highly influenced by cooperation level, performance record, and financial standing and repayment history of borrowing organization. Based on the findings of this paper, appropriate financial risk management and control measures can be developed in light of the key risk factors identified in agricultural product supply chains, thereby providing a valuable reference for financial risk control in agricultural product supply chains.

Suggested Citation

  • Xiaowo Wu & Xi Zhou & Shuxia Sun, 2023. "Research on Evaluation of Financial Risks in Agricultural Product Supply Chains Based on An Improved DEMATEL Method," Agricultural & Rural Studies, SCC Press, vol. 1(1), June.
    • Handle: RePEc:ris:sccars:022112
    DOI: 10.59978/ar01010005
    as

    Download full text from publisher

    File URL: https://sccpress.com/ars/article/download/1/21/4778
    Download Restriction: None
    File URL: https://libkey.io/10.59978/ar01010005?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:sccars:022112. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Rui Zhang (email available below). General contact details of provider: https://sccpress.com/ars .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.