Consensus-based multidimensional due diligence of fintech-enhanced green energy investment projects


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Liu W., Sun Y., YÜKSEL S., DİNÇER H.

Financial Innovation, cilt.7, sa.1, 2021 (Scopus) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 7 Sayı: 1
  • Basım Tarihi: 2021
  • Doi Numarası: 10.1186/s40854-021-00289-3
  • Dergi Adı: Financial Innovation
  • Derginin Tarandığı İndeksler: Scopus
  • Anahtar Kelimeler: Fintech-based project financing, Green energy investments, Balanced scorecard, Due diligence of projects, Group decision making, Spherical fuzzy sets
  • İstanbul Medipol Üniversitesi Adresli: Evet

Özet

The purpose of this study is to provide a hybrid group decision-making approach to evaluate fintech-based financial alternatives for green energy investment projects. First, the multidimensional factors of due diligence for fintech-based financing alternatives of green energy investment projects are identified. In this regard, the balanced scorecard perspectives are considered. Next, consensus-based group decision-making analysis is performed. Second, impact-relation directions for fintech-based financing alternatives of green energy investment projects are defined. For this purpose, the spherical fuzzy Decision-Making Trial and Evaluation Laboratory (DEMATEL) methodology is applied. The novelty of this study is its proposal of a new outlook to due diligence of fintech-project financing for renewable energy investments by using the group and integrated decision-making approaches with spherical fuzzy DEMATEL. The findings indicate that customer expectations are the most essential factor for the revenue sharing and rewarding models. Additionally, this study identified that organizational competency plays the most important role with respect to the peer-to-business debt model. In contrast, the conclusion was reached that financial returns have the greatest importance for the equity sharing model.