Determinants of banking sector's credit granting policy for the yacht industry in Taiwan

Purpose - This paper aims to investigate bank credit policies and uncover yacht building finance assessment factors from bank credit policies toward the yacht industry. Design/methodology/approach - This study's questionnaire attempts to identify survey respondents' degrees of awareness through difference analysis, and then uses entropy weighting and gray relational analysis to discover priority ranking order of bank credit assessment considerations from the perspective of Taiwan's banking sector. Findings - The research findings show that yacht builders have to review their ship financing application methods and improve shortcomings to meet banks' credit granting requirements. Originality/value - Banks emphasize yacht builders' repayment ability to protect their depositors and shareholders.