Detailed Information on Publication Record
2023
A fuzzy group decision-making model for measurement of companies´ performance
PAVLAČKOVÁ, Martina, Ondřej PAVLAČKA and Tereza HORČIČKOVÁBasic information
Original name
A fuzzy group decision-making model for measurement of companies´ performance
Authors
PAVLAČKOVÁ, Martina (203 Czech Republic, belonging to the institution), Ondřej PAVLAČKA (203 Czech Republic) and Tereza HORČIČKOVÁ (203 Czech Republic)
Edition
Economic Computation and Economic Cybernetics Studies and Research, 2023, 0424-267X
Other information
Language
English
Type of outcome
Článek v odborném periodiku
Field of Study
10102 Applied mathematics
Country of publisher
Romania
Confidentiality degree
není předmětem státního či obchodního tajemství
References:
Organization unit
Moravian Business College Olomouc
UT WoS
001023056000008
Keywords in English
Group Decision-making; Multi-criteria Evaluation; Fuzzy Consensus; Fuzzy Weighted Average Operation
Tags
Změněno: 27/3/2024 10:51, Ing. Michaela Nováková
Abstract
V originále
In the paper, a fuzzy multi-criteria group evaluation model suitable for the measurement of companies & PRIME; performance is developed. The constructed model considers in addition to the traditionally used quantitative financial point of view also nonfinancial qualitative criteria such as Corporate Social Responsibility, innovation, or service level containing a considerable degree of uncertainty that can be appropriately modeled by the tools of fuzzy sets theory. Since the evaluations are often done by a group of experts with different opinions, our approach enables one to find at first a set of alternatives that are good enough for the sufficient quantity of relevant experts, and therefore to reach a consensus among evaluators. The best alternative is subsequently chosen from this set using a fuzzy weighted average operation. The model can be used for the comparison of companies in the same field, in one region, or to compare a company before and after managerial interventions.