Measuring Financial Performance of Enterprises Operating in Forest, Paper and Printing Sector: A TOPSIS Application in Borsa İstanbul Cover Image

Orman, Kâğıt ve Basım Sektöründe Faaliyet Gösteren İşletmelerin Finansal Performanslarının Ölçülmesi: Borsa İstanbul’da Bir TOPSİS Uygulaması
Measuring Financial Performance of Enterprises Operating in Forest, Paper and Printing Sector: A TOPSIS Application in Borsa İstanbul

Author(s): Bülent Yildiz, Muammer Erdoğan
Subject(s): Business Economy / Management, Methodology and research technology
Published by: İşletme Araştırmaları Dergisi
Keywords: Financial Performance; Borsa İstanbul; TOPSIS Application;

Summary/Abstract: Purpose – The purpose of this study is to determine and compare the financial performances of the companies whose shares are traded on Borsa Istanbul and operating in the Forest, Paper and Printing sectors for the period 2014-2018. Design/methodology/approach – To measure the financial performance of the companies, TOPSIS (Technique for Order Preference by Smililarity to Ideal Solution) method was used. First of all, the financial ratios obtained from the financial statements of the companies were determined as the performance criterion for TOPSIS method and these ratios were turned into a performance score for each year on company basis. In the study, two different values were obtained for all years by using two different methods in the weighting stage, which is one of the steps of TOPSIS, in determining the company performances and these results were compared and the best alternatives were presented.

  • Issue Year: 12/2020
  • Issue No: 1
  • Page Range: 938-954
  • Page Count: 17
  • Language: Turkish