Integrated CCSD-COCOSO Based Financial Performance Analysis in BIST Construction Index

Pala, Osman

doi:10.32709/akusosbil.912504

Cited by 10 publications

(1 citation statement)

References 20 publications

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“…Finansal performans bakımından üst sıralarda yer alan firmalar, içinde bulundukları sektörleri de olumlu etkilemektedir. Bu doğrultuda, artan sektör verimliliği ülke ekonomisini de olumlu yönde etkilemektedir (Pala, 2021(Pala, : 1501. Bahsi geçen sektörlerin başında ise inşaat sektörü gelmektedir.…”

Section: Introductionunclassified

Evaluation of the Financial Performance of Turkish Construction Companies with SECA Method

Ersoy

2022

İzmir İktisat Dergisi

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Finansal performans değerlendirmesi yoluyla, olası risk ve tehditler ortaya çıkarılmakta, firmanın finansal durumu daha net bir şekilde görünmekte ve finansal planlamalar doğru bir şekilde yapılmaktadır. Finansal performans analizi yapısı gereği pekçok alternatif ve kriteri bünyesinde barındırmaktadır. Bu bakımdan, finansal performans değerlendirmesi Çok Kriterli Karar Verme (ÇKKV) problemi olarak görülmektedir. Bu çalışmada, BIST’te işlem gören 10 inşaat firmasının finansal performansının ÇKKV yöntemlerinden Simultaneous Evaluation of Criteria and Alternatives (SECA) ile değerlendirilmesi amaçlanmıştır. Bu doğrultuda, inşaat firmalarının finansal performansı kapsamlı bir literatür taraması sonucu belirlenen sekiz finansal rasyo temelinde SECA yöntemi kullanılarak değerlendirilmiştir. İlk olarak negatif değerlerin yer aldığı karar matrisi Z-Skor standartlaştırma yöntemi kullanılarak pozitif hale dönüştürülmüştür. Ardından, SECA yöntemi hem kriterlerin ağırlıklarını belirlemek için hem de alternatifleri performansları doğrultusunda sıralamak için kullanılmıştır. Çalışma sonunda, önem derecesi en yüksek kriter aktif karlılık oranı (K4) olurken, ORGE firması finansal performans bakımından ilk sırada yer almıştır. Kullanılan model ve analizin pandemi dönemini kapsaması gibi nedenlerle çalışmanın literatüre katkı sunacağı düşünülmektedir.

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Section: Introductionunclassified

Evaluation of the Financial Performance of Turkish Construction Companies with SECA Method

Ersoy

2022

İzmir İktisat Dergisi

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Determining the financial performance of the firms in the Borsa Istanbul sustainability index: integrating multi criteria decision making methods with simulation

Kaya,

Pamucar,

Gürler

et al. 2024

Financ Innov

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Regardless of the industry in which a company operates, evaluating corporate performance is one of the most critical and vital processes; the most essential and prominent performance evaluation is related to financial performance. Appropriate performance analysis is complex and critical for decision-makers in different financial performance factors; thus, a methodological framework is needed to solve such complex decision problems. Therefore, this research aims to rank the companies included in the sustainability index (excluding banks) in Turkey by considering their financial performance. The criteria weights were determined using the full consistency method (FUCOM) by considering the evaluations of four experts. The firms were ranked using nine multi-criteria decision-making methods. The consensus among the nine rankings was ensured with the Copeland technique. The decision matrix includes financial ratios and the stock market performance of the firms; 100,000 FUCOM weights were created with random evaluations to validate the results. The results indicate that the most crucial criterion is the current ratio by considering expert evaluations. Weight simulation indicates that alternative 16 (alternative 21) is superior (inferior) to the other alternatives, even though the weights are determined with random evaluations. Ranking with expert evaluations is similar to the mean of the weight simulation results. The results demonstrate that the proposed framework can be performed as a basis for financial performance ranking.

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Evaluation of Financial Performance of BIST Sustainability 25 Index Companies within the Framework of SDGs Reporting with TOPSIS Approach

COŞKUN

2023

Eskişehir Osmangazi Üniversitesi İktisadi Ve İdari Bilimler Dergisi

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The purpose of this study is to reveal the alteration in the financial performances of the companies in the BIST Sustainability 25 Index between the years 2010-2022, within or without SDG disclosures applying the TOPSIS ranking approach. The research was carried out with a basis of ratio analysis and frequency method. The financial performance of companies was determined with the TOPSIS approach. Concerning the determination of the level of SDGs by companies, the integrated (annual, operational) and sustainability reports of the companies were subjected to content analysis, and the presence of the indicators was obtained to identify the UN’s SDGs. The highest financial performance obtained from the findings is the banks (AKBNK, TSKB, ISCTR) operating in the financial sector. Similarly, TSKB and ISCTR are among nine companies (ARCLK, EREGL, FROTO, KCHOL, KORDS, MGROS, TCELL, ISCTR, TSKB) that disclosed most SDG statements.

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Integrated CCSD-COCOSO Based Financial Performance Analysis in BIST Construction Index

Cited by 10 publications

References 20 publications

Evaluation of the Financial Performance of Turkish Construction Companies with SECA Method

Evaluation of the Financial Performance of Turkish Construction Companies with SECA Method

Determining the financial performance of the firms in the Borsa Istanbul sustainability index: integrating multi criteria decision making methods with simulation

Evaluation of Financial Performance of BIST Sustainability 25 Index Companies within the Framework of SDGs Reporting with TOPSIS Approach

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