Research Article
Grey Weighted Sum Model for Evaluating Business Environment in West Africa
Table 1
Hierarchy of the evaluation criteria.
| Goal | First-level criteria | Second-level criteria | Index () |
| Business Environment of Countries | Starting a Business | Procedures | 1 | Time | 2 | Cost | 3 | Paid-in Minimum Capital | 4 | Dealing with Construction Permits | Procedures | 5 | Time | 6 | Cost | 7 | Getting Electricity | Procedures | 8 | Time | 9 | Cost | 10 | Registering Property | Procedures | 11 | Time | 12 | Cost | 13 | Getting Credit | Strength of Legal Rights Index | 14 | Depth of Credit Information Index | 15 | Credit Registry Coverage | 16 | Credit Bureau Coverage | 17 | Protecting Minority Investors | Extent of Disclosure Index | 18 | Extent of Director Liability Index | 19 | Ease of Shareholder Suits Index | 20 | Paying Taxes | Payments | 21 | Time | 22 | Profit Tax | 23 | Labour Tax and Contributions | 24 | Other Taxes | 25 | Trading Across Borders | Documents to Export | 26 | Time to Export | 27 | Cost to Export | 28 | Documents to Import | 29 | Time to Import | 30 | Cost to Import | 31 | Enforcing Contracts | Time | 32 | Cost | 33 | Procedures | 34 | Resolving Insolvency | Time | 35 | Cost | 36 | Recovery Rate | 37 |
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