Finansal Performans Borsa İstanbul Pay Senedi Getirisi Kimya-Petrol- Kauçuk ve Plastik Ürünler Sektörü Entropi MAUT
The purpose of this study is to examine the relationship between the financial performance and stock returns of the companies operating in the BIST Chemical, Petroleum, Rubber and Plastic products sector for the period of 2015-2018. For this purpose, an analysis consisting of two stages is carried out in the study. In the first phase of the study, the financial performance of companies is evaluated with a hybrid decision-making model consisting of Entropy and MAUT methods. Afterwards, whether there is a significant relationship between the calculated performance rankings of the firms under the integrated Entropy-MAUT model and the annual stock returns rankings of the same firms is evaluated by correlation analysis. According to the findings obtained from the integrated Entropy-MAUT method, it is determined that in terms of financial performance, the most successful company is SODSN as of the examined period, but the most unsuccessful company is SANFM. In addition, as a result of correlation analysis, a positive and significant relationship is found between financial performance ranking and return ranking. This finding reveals that savers who invest in the sector examined within the scope of the study take into account the past performances of companies when making decisions regarding their investments.
Financial Performance Istanbul Stock Exchange (BIST) Stock Return Chemical Petroleum Rubber and Plastic Products Industry Entropy MAUT
Primary Language | Turkish |
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Subjects | Economics, Finance, Business Administration |
Journal Section | Articles |
Authors | |
Publication Date | September 30, 2020 |
Submission Date | July 24, 2020 |
Acceptance Date | August 31, 2020 |
Published in Issue | Year 2020 |