Understanding Investment decision Patterns in coal mining sector: A combined AHP-DEMATEL Case Study of MCL

Abstract

Segregating the resources among the competitive investment opportunities is one of the most crucial decisions that organization has to make as the decision reflects the firm’s strategy and has a far-reaching effect where a considerable effort should be given to identify the criteria, driving investment structure and interrelationship between them. Extensive growth of production sector has emerged the need for more designated investment decisions based upon constrains, regulating the investment pattern.  So, the paper suggests ancomprehensive AHP-DEMATEL approach to investigate the Prioritization of factors dominating the investment pattern of coal mining sector, interrelationship between them and the impact of attributes, contributing towards capital allocation decision, over each other by taking a case study of Mahanadi Coal Field Ltd.,one of the largest contributing subsidiaries of Coal India Ltd.In this proposed approach first the criteria contributing to the investment decision making process has been identified and ranked as per their prioritization and then the casual relationship between these factors has been analyzed using DEMATEL in order to fulfill the objective of proposing a significant approach to investment decision making.