Identifying and classifying the financial resilience measurement indices using intuitive fuzzy DEMATEL

Abstract

Purpose

The current study aims to identify and classify the financial resilience measurement indices using the intuitive fuzzy approach.

Design/methodology/approach

The present study aims to identify and classify firms' indices of financial resilience measurement using the Fuzzy–Delphi combined method and the intuitive fuzzy DEMATEL technique with interval values. For the study and the literature review, 29 financial resilience indices were identified, and 12 were finalised after screening and localisation. Next, the selected indices were classified into two groups of influencing and being influenced, and the significant range of each one was determined. Finally, the executive and research suggestions were presented based on the obtained results.

Findings

The study results indicate a higher significance level of redundancy and visibility in financial resilience.

Originality/value

The present study is the pioneer study to assess, identify and classify the contributing indices to financial resilience.

Citation

Zahedi, J., Salehi, M. and Moradi, M. (2023), "Identifying and classifying the financial resilience measurement indices using intuitive fuzzy DEMATEL", Benchmarking: An International Journal, Vol. 30 No. 4, pp. 1300-1321. https://doi.org/10.1108/BIJ-07-2021-0395