The Multiple Criteria Decision Making (MCDM) utility determining approaches and fuzzy sets are considered to be new development approaches, which have been recently presented, extended, and used by some scholars in area of decision making. There is a lack of research regarding to systematic literature review and classification of study about these approaches. Therefore; in the present study, the attempt is made to present a systematic review of methodologies and applications with recent fuzzy developments of two new MCDM utility determining approaches including Step-wise Weight Assessment Ratio Analysis (SWARA) and the Weighted Aggregated Sum Product Assessment (WASPAS) and fuzzy extensions which discussed in recent years. Regarding this, some major databases including Web of Science, Scopus and Google Scholar have been nominated and systematic and meta-analysis method which called "PRISMA" has been proposed. In addition, the selected articles were classified based on authors, the year of publication, journals and conferences names, the technique and method used, research objectives, research gap and problem, solution and modeling, and finally results and findings. The results of this study can assist decision-makers in handling information such as stakeholders' preferences, interconnected or contradictory criteria and uncertain environments. In addition, findings of this study help to practitioners and academic for adopting the new MCDM utility techniques such as WASPAS and SWARA in different application areas and presenting insight into literature.
In today's dynamic environment, both intellectual capital (IC), the main value added factor, and perceived environmental uncertainty (PEU), an unpredictable contingency factor, influence corporate performance (CP). Financial accounting literature highlights the importance of non-financial factors. Therefore, it is important for organizations to rely more on non-financial criteria than on financial factors to achieve higher competitive advantage. Identifying the most important nonfinancial factors that affect corporate performance and their relationship with capital structures (CS) is the main issue in today's dynamic conditions. This research examines the relationship between non-financial factors of IC and PEU and evaluates their influence on CS directly or indirectly by considering the mediation effects of corporate performance. Questionnaires were distributed to 339 public listed Iranian manufacturing companies selected based on census data. Data was analyzed using structural equation modeling. The main findings of this study are as follows: IC can enhance corporate performance, PEU is positively linked to corporate performance, and corporate performance is positively linked to capital structure. The results also indicated a full mediation effect of corporate performance in the relationship between PEU and capital structure. Also, we analyze intellectual capital relation with 1) traditional vs. secular-rational values and with 2) survival vs. self-expression values. In order to determine the most efficient versions of intellectual capital, an Intellectual Capital Multiple Criteria Decision Support (ICMCDS) system was developed, consisting of a database, database management system, model-base, model-base management system, and user interface. This study contributes to determining capital structure decision making by considering IC and PEU in the context of companies in Iran. Further in-depth research is needed to examine the links between non-financial factors and capital structure with different measurement and perspectives to develop a deeper understanding of their effect on capital structure.
This paper investigates the relationship between contingency factors, strategic management accounting and firm performance. Due to the development and expansion of organizations and their connections to the industrial competition, it is usable that the organization rely more on non-financial information than financial. The management accounting and financial accounting literature have highlighted the important role of perceived environmental uncertainty and strategic management accounting on firm performance. However, unpredictable conditions from external can cause big problems for the company’s decision making process because both of them have effect on firm performance. The aim of this paper is to propose a model of the relationship amid perceived environmental uncertainty on the firm performance by mediating effect of strategic management accounting through review of the related literature. One of the most significant findings to emerge from this review is the identification the contingency factors that improve organizational performance under environmental uncertainty.
Construction activities in Malaysia, as in many developing countries are growing tremendously which generate towards the nation Gross Domestic income. With the growing numbers of developments specifically build to cater for the growing demand for the residential, commercial houses, specific quality standards has to be developed in order to regulate the standard quality that the contractors will need to deliver. Construction Quality Assessment by Building Construction Authority (BCA Singapore) and Quality Assessment in Construction (QLASSIC) by CIDB Malaysia being developed to set certain benchmarking standard for the building quality. A lot of occurrences reported in the news where the purchasers of the houses were not satisfied with the quality level for the houses being delivered. The objective of this study is to relate the CONQUAS/QLASSIC to customer satisfaction of the residential housing. The methodology adopted questionnaire and individual purchaser response was unit of analysis. In summary, the different between QLASSIC- based assessment and CONQUAS- based assessment in regards to customer satisfaction, was significant which stated for the satisfaction for the CONQUAS is higher than the QLASSIC projects. Hopefully, this research added value to academic research in understanding the benefit of implementing CONQUAS/QLASSIC standards towards increasing the market value of the property market.
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