Evaluating the Sustainable Growth of Small- and Medium-Sized Construction Enterprises Using the Multicriteria Decision-Making Method

Sustainable growth plays an important role in the development of small- and medium-sized construction enterprises and has increasingly become a hot topic in the political and academic arenas. Growth is an important indicator for measuring the operational status and development potential of listed en...

Full description

Saved in:
Bibliographic Details
Main Authors: Wenbao Wang, Wenhe Lin, Xinyi Dai, Yingzheng Yan, Aiping Xuan
Format: Article
Language:English
Published: Wiley 2020-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2020/3151949
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832547677549625344
author Wenbao Wang
Wenhe Lin
Xinyi Dai
Yingzheng Yan
Aiping Xuan
author_facet Wenbao Wang
Wenhe Lin
Xinyi Dai
Yingzheng Yan
Aiping Xuan
author_sort Wenbao Wang
collection DOAJ
description Sustainable growth plays an important role in the development of small- and medium-sized construction enterprises and has increasingly become a hot topic in the political and academic arenas. Growth is an important indicator for measuring the operational status and development potential of listed enterprises and is of great significance for studying sustainable growth. Considering the development of small- and medium-sized construction enterprises, a growth evaluation index system that includes growth resources, growth ability, and growth innovation was established, and a growth evaluation model was constructed using the improved entropy-VIKOR algorithm. Evaluation and analysis of the sustainable growth of small- and medium-sized construction enterprises listed before the end of 2012 were conducted. The parameter sensitivity, weight sensitivity, and effectiveness of the evaluation model were analysed. The empirical results showed that compared with the TOPSIS method and the traditional VIKOR method, the multicriteria evaluation model for the sustainable growth of small- and medium-sized construction enterprises proposed in this paper had better stability and effectiveness. Finally, the key influencing factors, growth ranking, and dynamic growth types of small- and medium-sized construction enterprises were analysed, and targeted suggestions were proposed. The research results can provide a reference for managers, investors, and regulators.
format Article
id doaj-art-f21b7b3a285d47188ccc17ef3cee2752
institution Kabale University
issn 1026-0226
1607-887X
language English
publishDate 2020-01-01
publisher Wiley
record_format Article
series Discrete Dynamics in Nature and Society
spelling doaj-art-f21b7b3a285d47188ccc17ef3cee27522025-02-03T06:43:51ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2020-01-01202010.1155/2020/31519493151949Evaluating the Sustainable Growth of Small- and Medium-Sized Construction Enterprises Using the Multicriteria Decision-Making MethodWenbao Wang0Wenhe Lin1Xinyi Dai2Yingzheng Yan3Aiping Xuan4College of Civil Engineering, Yango University, Fuzhou, ChinaCollege of Management & College of Tourism, Fujian Agriculture and Forestry University, Fuzhou, ChinaCollege of Management & College of Tourism, Fujian Agriculture and Forestry University, Fuzhou, ChinaCollege of Management & College of Tourism, Fujian Agriculture and Forestry University, Fuzhou, ChinaCollege of Management & College of Tourism, Fujian Agriculture and Forestry University, Fuzhou, ChinaSustainable growth plays an important role in the development of small- and medium-sized construction enterprises and has increasingly become a hot topic in the political and academic arenas. Growth is an important indicator for measuring the operational status and development potential of listed enterprises and is of great significance for studying sustainable growth. Considering the development of small- and medium-sized construction enterprises, a growth evaluation index system that includes growth resources, growth ability, and growth innovation was established, and a growth evaluation model was constructed using the improved entropy-VIKOR algorithm. Evaluation and analysis of the sustainable growth of small- and medium-sized construction enterprises listed before the end of 2012 were conducted. The parameter sensitivity, weight sensitivity, and effectiveness of the evaluation model were analysed. The empirical results showed that compared with the TOPSIS method and the traditional VIKOR method, the multicriteria evaluation model for the sustainable growth of small- and medium-sized construction enterprises proposed in this paper had better stability and effectiveness. Finally, the key influencing factors, growth ranking, and dynamic growth types of small- and medium-sized construction enterprises were analysed, and targeted suggestions were proposed. The research results can provide a reference for managers, investors, and regulators.http://dx.doi.org/10.1155/2020/3151949
spellingShingle Wenbao Wang
Wenhe Lin
Xinyi Dai
Yingzheng Yan
Aiping Xuan
Evaluating the Sustainable Growth of Small- and Medium-Sized Construction Enterprises Using the Multicriteria Decision-Making Method
Discrete Dynamics in Nature and Society
title Evaluating the Sustainable Growth of Small- and Medium-Sized Construction Enterprises Using the Multicriteria Decision-Making Method
title_full Evaluating the Sustainable Growth of Small- and Medium-Sized Construction Enterprises Using the Multicriteria Decision-Making Method
title_fullStr Evaluating the Sustainable Growth of Small- and Medium-Sized Construction Enterprises Using the Multicriteria Decision-Making Method
title_full_unstemmed Evaluating the Sustainable Growth of Small- and Medium-Sized Construction Enterprises Using the Multicriteria Decision-Making Method
title_short Evaluating the Sustainable Growth of Small- and Medium-Sized Construction Enterprises Using the Multicriteria Decision-Making Method
title_sort evaluating the sustainable growth of small and medium sized construction enterprises using the multicriteria decision making method
url http://dx.doi.org/10.1155/2020/3151949
work_keys_str_mv AT wenbaowang evaluatingthesustainablegrowthofsmallandmediumsizedconstructionenterprisesusingthemulticriteriadecisionmakingmethod
AT wenhelin evaluatingthesustainablegrowthofsmallandmediumsizedconstructionenterprisesusingthemulticriteriadecisionmakingmethod
AT xinyidai evaluatingthesustainablegrowthofsmallandmediumsizedconstructionenterprisesusingthemulticriteriadecisionmakingmethod
AT yingzhengyan evaluatingthesustainablegrowthofsmallandmediumsizedconstructionenterprisesusingthemulticriteriadecisionmakingmethod
AT aipingxuan evaluatingthesustainablegrowthofsmallandmediumsizedconstructionenterprisesusingthemulticriteriadecisionmakingmethod