Quality credit evaluation based on TOPSIS: Evidence from air-conditioning market in China

Quality credit has been an academic and commercial hotspot recently. This paper is mainly devoted into using a quantitative method to evaluate credit quality. Firstly, a plain but logical indicator system of quality credit is established. Then, the classical MCDM method TOPSIS is introduced to evaluate the credit quality of 8 air-conditioning enterprises in China market. The discussion of evaluation results proves the feasibility and effectiveness of TOPSIS and moreover, reflects that indicators affect the evaluation results significantly. At last, some possible further studies are mentioned.