Keywords
Operational risk
Analytic hierarchy process (AHP)
Entropy weighting method
Weighting analysis
Submitted : 2025-06-14
Accepted : 2025-06-29
Published : 2025-07-14
Abstract
Growing regulatory demands for industrial safety and environmental protection in the chemical sector necessitate robust operational risk assessment to enhance management efficacy. Here, the HS Chemical Company is evaluated through a multidimensional framework encompassing market dynamics, macroeconomic factors, financial stability, governance, supply chains, and production safety. By integrating the Analytic Hierarchy Process (AHP) with entropy weighting, a hybrid weighting model that mitigates the limitations of singular methods is established. The analysis of this study identifies financial risk (weight: 0.347) and production safety (weight: 0.298) as dominant risk drivers. These quantitative insights offer a basis for resource prioritization and targeted risk mitigation strategies in chemical enterprises.
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