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...
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Format: | Article |
Language: | English |
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Wiley
2020-01-01
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Series: | Discrete Dynamics in Nature and Society |
Online Access: | http://dx.doi.org/10.1155/2020/3151949 |
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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 |
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