Financial performance ranking of automotive companies in India using TOPSIS method

2018 ◽  
Vol 16 (2) ◽  
pp. 149
Author(s):  
Santosh Kumar Yadav ◽  
Rohit Kapoor
Keyword(s):  
Financial Performance ◽  
Topsis Method ◽  
Performance Ranking

KURUMSAL YÖNETİM ENDEKSİ KAPSAMINDAKİ İŞLETMELERİN FİNANSAL PERFORMANS ANALİZİ

2016 ◽  
Vol 4 (2) ◽  
Author(s):  
Fatih Temizel ◽  
Hamza Doğan ◽  
Berfu Ece Bayçelebi
Keyword(s):  
Corporate Governance ◽  
Financial Performance ◽  
Capital Market ◽  
Solution Method ◽  
Topsis Method ◽  
Governance Index ◽  
Order Preference ◽  
Topsis Technique ◽  
Independent Rating ◽  
Performance Ranking

According to regulations of Capital Market Board (CMB), Corporate Governance Principles Compliance Notes are given by independent rating institutions to companies whose shares are traded on Borsa İstanbul. Via those notes the 50 most successful companies on corporate governance are determined. In order to obtain indicators for the price and yield analysis, the 50 most successful shares are included in the Borsa İstanbul Corporate Governance Index. In this study with the exception of financial sector companies, financial performance ranking of 34 out of 50 companies of the Corporate Governance Index is performed by TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) method. TOPSIS method was used based on the 10 financial ratios of the companies. 5 year performance rankings covering the years 2011-2015 were obtained and the ranking changes were examined. Finally, the 5-year average performance rankings were calculated and financial performance ratings of the companies in the index for 5 years is revealed.

scholarly journals The Influence of Acquisitions on a Firm’s Performance within a Sector: An Application on Istanbul Stock Exchange

2014 ◽  
Author(s):  
İbrahim Halil Ekşi ◽  
Nasara Banu Güzel ◽  
Rabia Ecem Küçüktaşdurmaz
Keyword(s):  
Mergers And Acquisitions ◽  
Financial Performance ◽  
Stock Exchange ◽  
Topsis Method ◽  
Listed Firms ◽  
Positive Effects ◽  
Istanbul Stock Exchange

In recent years it have seen a significant increase in the number of business mergers and acquisitions. There are number of reasons led to this trend. Amongst them it is the need to increase the firm financial performances. This paper mainly is focuses on other different effects of mergers and acquisitions on the financial performance of businesses. In this study, looking at Turkish stock exchange listed firms that have experienced acquisitions or mergers and the effects of such mergers on their performance. In this context, it be looked at textile firms and firms based on stone and land work that experienced acquisitions in 2010. The firms are Altinyildiz in textile and Çimbeton in the mining sectors respectively. Having look at the financial performances of these firms in their respective sectors before the acquisitions (2007, 2008, 2009), the acquisitionsin 2010, 9 rates were used the in TOPSIS method. According to findings, the acquisitioned firm’s show that they have positive effects on the financial performances of the firms. It is observed that there are differences in sectors’ period and degrees. In this case, it’s possible to explain the sectoral dynamics and acquisions of the firms’ integration.

scholarly journals Evaluation of Performance of Tourism Industry Companies listed in Istanbul Stock Exchange (BIST) by TOPSIS Methodology

2018 ◽  
Vol 7 (2) ◽  
pp. 8-18 ◽  
Author(s):  
Erdal Yılmaz ◽  
Tunay Aslan
Keyword(s):  
Financial Performance ◽  
Stock Exchange ◽  
Tourism Industry ◽  
Topsis Method ◽  
The Past ◽  
Evaluation Of Performance ◽  
Istanbul Stock Exchange ◽  
The Future ◽  
Tourism Enterprises

To evaluate the operations of the companies in the past years and to make forecasts about the future, it is important to evaluate and analyze their financial performance. In this study, the financial performances of tourism enterprises operating in Istanbul Stock Exchange for 2013-2016 are compared with TOPSIS method. As a result of the research, it is determined that the best performances are observed in 2014, 2015 and 2016 for MALT and in 2013 for METUR.

scholarly journals Comprehensive evaluation of the financial performance for intermediary institutions based on multi-criteria decision making method

2018 ◽  
Vol 2 (1) ◽  
pp. 37-49 ◽  
Author(s):  
Guler Aras ◽  
Nuray Tezcan ◽  
Ozlem Kutlu Furtuna
Keyword(s):  
Financial Performance ◽  
Capital Markets ◽  
Performance Indicators ◽  
Added Value ◽  
Average Score ◽  
Equal Weight ◽  
Relative Importance ◽  
Topsis Method ◽  
Content Type ◽  
Survey Results

Purpose The purpose of this paper is to assess the financial performance of the intermediary institutions that have operated in the Turkish capital markets taking the issue of bank-origin and non-bank-origin institutions into account. Design/methodology/approach Financial performance of the intermediary institutions has been measured by the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method between the years 2005 and 2016. In order to implement the TOPSIS method, the relative importance of financial performance indicators has been determined by Entropy, survey results and considering equal weights approaches. Findings Empirical findings indicate that the average performances of continuously operating intermediary institutions during the concerned period are above the average performance levels of all intermediaries. Additionally, the average rank of bank-origin intermediary institutions have been found higher than the non-bank origins for all years. This reveals that the average financial performance of the bank-origin intermediary institutions is higher than the average score of non-bank origins during the related years. Originality/value This study is unique in terms of evaluating the performance of intermediary institutions in Turkish capital markets with a comprehensive framework. Determining the relative importance of financial performance indicators according to entropy, survey results and equal-weight approaches and revealing the average financial performance ranking methodology for bank-origin and non-bank-origin intermediary institutions have added value.

scholarly journals The Link between Corporate Reputation and Financial Performance and Equilibrium within the Airline Industry

Mathematics ◽  
2021 ◽  
Vol 9 (17) ◽  
pp. 2150
Author(s):  
Andreas-Daniel Cocis ◽  
Larissa Batrancea ◽  
Horia Tulai
Keyword(s):  
Financial Performance ◽  
Airline Industry ◽  
Corporate Reputation ◽  
Client Satisfaction ◽  
Point Of View ◽  
Financial Indicators ◽  
Topsis Method ◽  
The World

This study examines how corporate reputation is perceived by investors through the financial performance and equilibrium of several airline companies. We used a sample of 22 companies. Nineteen are listed in the World Airline Awards 2018 ranking based on client satisfaction, and three companies are included in the Fortune ranking and enjoying the best corporate reputations in the airline industry. The analyzed period was 2016–2018. The purpose of this study was to rank airline companies based on financial indicators by means of the TOPSIS method to see whether the companies included in the Fortune ranking would keep a similar hierarchy. Results indicated that companies maintained a similar order in the TOPSIS ranking after considering financial performance and equilibrium indicators. The overall conclusion was that companies with a good financial performance and equilibrium enjoyed a good corporate reputation from investors’ point of view.

scholarly journals Economic and Financial Performance: Ranking Credit Picsos in Southern Brazil

2015 ◽  
Vol 5 (2) ◽  
pp. 54-70
Author(s):  
M. Vogt ◽  
F.J. Diel ◽  
L. Degenhart ◽  
E.H. Diel ◽  
F.S. Rosa
Keyword(s):  
Financial Performance ◽  
Southern Brazil ◽  
Performance Ranking
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