IDEAS home Printed from https://ideas.repec.org/a/gam/jftint/v15y2023i10p338-d1259896.html
   My bibliography  Save this article

Financial Data Quality Evaluation Method Based on Multiple Linear Regression

Author

Listed:
  • Meng Li

    (School of Software Engineering, Beijing Jiaotong University, Beijing 100044, China)

  • Jiqiang Liu

    (School of Software Engineering, Beijing Jiaotong University, Beijing 100044, China)

  • Yeping Yang

    (School of Software Engineering, Beijing Jiaotong University, Beijing 100044, China)

Abstract

With the rapid growth of customer data in financial institutions, such as trusts, issues of data quality have become increasingly prominent. The main challenge lies in constructing an effective evaluation method that ensures accurate and efficient assessment of customer data quality when dealing with massive customer data. In this paper, we construct a data quality evaluation index system based on the analytic hierarchy process through a comprehensive investigation of existing research on data quality. Then, redundant features are filtered based on the Shapley value, and the multiple linear regression model is employed to adjust the weight of different indices. Finally, a case study of the customer and institution information of a trust institution is conducted. The results demonstrate that the utilization of completeness, accuracy, timeliness, consistency, uniqueness, and compliance to establish a quality evaluation index system proves instrumental in conducting extensive and in-depth research on data quality measurement dimensions. Additionally, the data quality evaluation approach based on multiple linear regression facilitates the batch scoring of data, and the incorporation of the Shapley value facilitates the elimination of invalid features. This enables the intelligent evaluation of large-scale data quality for financial data.

Suggested Citation

  • Meng Li & Jiqiang Liu & Yeping Yang, 2023. "Financial Data Quality Evaluation Method Based on Multiple Linear Regression," Future Internet, MDPI, vol. 15(10), pages 1-15, October.
  • Handle: RePEc:gam:jftint:v:15:y:2023:i:10:p:338-:d:1259896
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1999-5903/15/10/338/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1999-5903/15/10/338/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Peltier, James W. & Zahay, Debra & Lehmann, Donald R., 2013. "Organizational Learning and CRM Success: A Model for Linking Organizational Practices, Customer Data Quality, and Performance," Journal of Interactive Marketing, Elsevier, vol. 27(1), pages 1-13.
    2. Wang, Yongli & Liu, Zhen & Cai, Chengcong & Xue, Lu & Ma, Yang & Shen, Hekun & Chen, Xin & Liu, Lin, 2022. "Research on the optimization method of integrated energy system operation with multi-subject game," Energy, Elsevier, vol. 245(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Constant Berkhout & Abhi Bhattacharya & Carlos Bauer & Ross W. Johnson, 2024. "Revisiting the construct of data-driven decision making: antecedents, scope, and boundaries," SN Business & Economics, Springer, vol. 4(10), pages 1-23, October.
    2. Han, Fengwu & Zeng, Jianfeng & Lin, Junjie & Zhao, Yunlong & Gao, Chong, 2023. "A stochastic hierarchical optimization and revenue allocation approach for multi-regional integrated energy systems based on cooperative games," Applied Energy, Elsevier, vol. 350(C).
    3. Krishen, Anjala S. & Dwivedi, Yogesh K. & Bindu, N. & Kumar, K. Satheesh, 2021. "A broad overview of interactive digital marketing: A bibliometric network analysis," Journal of Business Research, Elsevier, vol. 131(C), pages 183-195.
    4. Qin, Yuxiao & Liu, Pei & Li, Zheng, 2022. "Multi-timescale hierarchical scheduling of an integrated energy system considering system inertia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 169(C).
    5. Wang, Meng & Zheng, J.H. & Li, Zhigang & Wu, Q.H., 2022. "Multi-attribute decision analysis for optimal design of park-level integrated energy systems based on load characteristics," Energy, Elsevier, vol. 254(PA).
    6. Kadic-Maglajlic, Selma & Boso, Nathaniel & Micevski, Milena, 2018. "How internal marketing drive customer satisfaction in matured and maturing European markets?," Journal of Business Research, Elsevier, vol. 86(C), pages 291-299.
    7. Wang, Hao-ran & Feng, Tian-tian & Xiong, Wei, 2022. "How can the dynamic game be integrated into blockchain-based distributed energy resources multi-agent transactions for decision-making?," Energy, Elsevier, vol. 254(PB).
    8. Yong Cui & Anselme Andriamahery & Lie Ao & Jian Zheng & Zhiqiang Huo, 2022. "Analysis of Optimal Operation of Multi-Energy Alliance Based on Multi-Scale Dynamic Cost Equilibrium Allocation," Sustainability, MDPI, vol. 14(24), pages 1-19, December.
    9. Zhao, Leilei & Xue, Yixun & Sun, Hongbin & Du, Yuan & Chang, Xinyue & Su, Jia & Li, Zening, 2023. "Benefit allocation for combined heat and power dispatch considering mutual trust," Applied Energy, Elsevier, vol. 345(C).
    10. Zheng, Weiye & Xu, Siyu & Liu, Jiawei & Zhu, Jizhong & Luo, Qingju, 2023. "Participation of strategic district heating networks in electricity markets: An arbitrage mechanism and its equilibrium analysis," Applied Energy, Elsevier, vol. 350(C).
    11. Li, Yuxuan & Zhang, Junli & Wu, Xiao & Shen, Jiong & Maréchal, François, 2023. "Stochastic-robust planning optimization method based on tracking-economy extreme scenario tradeoff for CCHP multi-energy system," Energy, Elsevier, vol. 283(C).
    12. Tzu-Chia Chen & José Ricardo Nuñez Alvarez & Ngakan Ketut Acwin Dwijendra & Zainab Jawad Kadhim & Reza Alayi & Ravinder Kumar & Seepana PraveenKumar & Vladimir Ivanovich Velkin, 2023. "Modeling and Optimization of Combined Heating, Power, and Gas Production System Based on Renewable Energies," Sustainability, MDPI, vol. 15(10), pages 1-16, May.
    13. Wei Liu & Zongshui Wang & Hong Zhao, 2020. "Comparative study of customer relationship management research from East Asia, North America and Europe: A bibliometric overview," Electronic Markets, Springer;IIM University of St. Gallen, vol. 30(4), pages 735-757, December.
    14. Alexander Wieneke & Christiane Lehrer, 2016. "Generating and exploiting customer insights from social media data," Electronic Markets, Springer;IIM University of St. Gallen, vol. 26(3), pages 245-268, August.
    15. Lu, Shuai & Li, Yuan & Gu, Wei & Xu, Yijun & Ding, Shixing, 2023. "Economy-carbon coordination in integrated energy systems: Optimal dispatch and sensitivity analysis," Applied Energy, Elsevier, vol. 351(C).
    16. Yan Gao & Long Gao & Pei Zhang & Qiang Wang, 2023. "Two-Stage Optimization Scheduling of Virtual Power Plants Considering a User-Virtual Power Plant-Equipment Alliance Game," Sustainability, MDPI, vol. 15(18), pages 1-28, September.
    17. Bullini Orlandi, Ludovico & Zardini, Alessandro & Rossignoli, Cecilia, 2020. "Organizational technological opportunism and social media: The deployment of social media analytics to sense and respond to technological discontinuities," Journal of Business Research, Elsevier, vol. 112(C), pages 385-395.
    18. Yanbin Li & Yanting Sun & Junjie Zhang & Feng Zhang, 2022. "Optimal Microgrid System Operating Strategy Considering Variable Wind Power Outputs and the Cooperative Game among Subsystem Operators," Energies, MDPI, vol. 15(18), pages 1-20, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jftint:v:15:y:2023:i:10:p:338-:d:1259896. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.