scholarly journals Application of Analytic Hierarchy Process in Evaluating Higher Industry Vocational Colleges Financial Performance

CONVERTER ◽  
2021 ◽  
pp. 01-08
Author(s):  
Caiqin Chen, Et al.
Keyword(s):  
Performance Evaluation ◽  
Financial Performance ◽  
Social Services ◽  
Evaluation Model ◽  
Research Performance ◽  
Analytic Hierarchy ◽  
Performance Evaluation Model ◽  
Statistical Program ◽  
Vocational Colleges ◽  
Evaluation And Monitoring

The financial performance should be evaluated from the perspective of stakeholders in higher vocational colleges firstly. And according to the development status of higher vocational colleges in recent years, a set of evaluation index of financial performance with characteristics of higher vocational colleges should be divided into five major dimensions: the performance of talents training, teaching performance, scientific research performance, performance of social services, logistics support performance. Hence, the financial performance evaluation model based on AHP and five major dimensions is established to solve the major theoretical and practical issues of financial performance evaluation and monitoring in higher vocational colleges. We also try to evaluate the financial performance of some benchmark industry and engineering vocational colleges applying the AHP model. Using statistical program R to analysis the panel data, the results show that the reasonable standards and clear directions can improve the financial performance in higher vocational colleges.

scholarly journals APPLYING FUZZY MCDM FOR FINANCIAL PERFORMANCE EVALUATION OF IRANIAN COMPANIES

2014 ◽  
Vol 20 (2) ◽  
pp. 274-291 ◽  
Author(s):  
Abdolhamid Safaei Ghadikolaei ◽  
Saber Khalili Esbouei ◽  
Jurgita Antucheviciene
Keyword(s):  
Performance Evaluation ◽  
Financial Performance ◽  
Stock Exchange ◽  
Evaluation Model ◽  
Economic Value ◽  
Hybrid Approach ◽  
Evaluation Process ◽  
Business Environment ◽  
Analytic Hierarchy ◽  
Company Value

Financial performance evaluation is very important in a highly competitive business environment. Accordingly, an accurate and appropriate performance evaluation is critical. Financial performance indicators reflect the competitiveness of a company and they must be carefully identified in the evaluation process. Generally, accounting measures are used for performance evaluation. However, these measures are not sufficient for performance evaluation in the today’s competitive economy. Therefore, value based measures have recently been introduced to express the company value. In this study, a hybrid approach is proposed for financial performance evaluation of automotive companies of Tehran stock exchange (TSE). For this purpose, a hierarchical financial performance evaluation model is structured based on the accounting measures and economic value measures. In this approach Fuzzy Analytic Hierarchy Process (FAHP) is applied to determine weights of criteria. Then the companies are ranked by using Fuzzy VIKOR (VlseKriterijumska Optimizacija I Kompromisno Resenje (in Serbian), Fuzzy Additive Ratio Assessment (ARAS-F) and Fuzzy Complex Proportional Assessment (Fuzzy COPRAS), simultaneously. Also results of three outranking methods are combined by using the mean ranks. The results represented the highest importance of economic value measures than accounting measures in financial performance evaluation of companies. Six companies were ranked applying the proposed approach.

scholarly journals A HYBRID FINANCIAL PERFORMANCE EVALUATION MODEL FOR WEALTH MANAGEMENT BANKS FOLLOWING THE GLOBAL FINANCIAL CRISIS

2015 ◽  
Vol 22 (1) ◽  
pp. 21-46 ◽  
Author(s):  
Shun-Chiao CHANG ◽  
Pei-Hsuan TSAI
Keyword(s):  
Performance Evaluation ◽  
Financial Crisis ◽  
Financial Performance ◽  
Global Financial Crisis ◽  
Evaluation Model ◽  
Risk Control ◽  
Hybrid Approach ◽  
Analytic Hierarchy ◽  
Wealth Management ◽  
The Global Financial Crisis

The study constructs a hybrid approach to financial performance evaluation for wealth management (WM) banks affected by the global financial crisis from the middle of 2007 into 2008 utilizing an analytic hierarchy process (AHP) and the VlseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR). Five aspects of multi-criteria group decision making including service, performance, professionalism, risk control, and consumers’ confidence (SPPRC) reveal that consumers’ confidence, risk control and service are the top three key factors for Taiwan’s seven main WM banks in evaluating the performance of banking managers.

A new reliable performance evaluation model: IFB-IER–DEA

OPSEARCH ◽  
2019 ◽  
Vol 56 (1) ◽  
pp. 14-31 ◽  
Author(s):  
Shiva Moslemi ◽  
Hamidreza Izadbakhsh ◽  
Marzieh Zarinbal
Keyword(s):  
Performance Evaluation ◽  
Evaluation Model ◽  
Performance Evaluation Model ◽  
Reliable Performance
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