Measuring the Performance of Companies in the Private Pension System with Gray Relational Analysis and an Application Cover Image

Bireysel Emeklilik Sistemindeki Şirketlerin Performanslarının Gri İlişkisel Analizle Ölçülmesi ve Bir Uygulama
Measuring the Performance of Companies in the Private Pension System with Gray Relational Analysis and an Application

Author(s): Sinan Dündar, Hüdaverdi Bircan, Gülay Demir
Subject(s): Business Economy / Management, Welfare systems, Socio-Economic Research
Published by: Celal Bayar Üniversitesi Sosyal Bilimler Enstitüsü
Keywords: Private Pension; Grey Relational Analysis;

Summary/Abstract: Private pension system is a system that is based on making regular savings in order to maintain the current standards in active work life, is voluntarily participated in, and is supported by the state. In this study, it is aimed to measure the performances of 18 private pension firms which are under supervision and surveillance of Pension Surveillance Center, Capital Markets Board, and Undersecretary of Treasury. The performances of these firms are examined considering five criteria, which are the number of participants, participants’ sum of funds, state-supported sum of funds, contribution margin sum of funds, and the number of retired participants. Because the Grey Relational Analysis is easily used in all fields and produces good results even with very few data, it is preferred for the practical application of the study. The analyses are carried out by using the data from Pension Surveillance Center dated 24.11.2017. At the end of evaluations, Anadolu Hayat ve Emeklilik Company was found to be the one with the highest performance and Aegon Emeklilik ve Hayat Company the one with the lowest performance.

  • Issue Year: 18/2020
  • Issue No: 02
  • Page Range: 155-170
  • Page Count: 16
  • Language: Turkish