Research Article

A MULTIDIMENSIONAL MCDM FRAMEWORK FOR CORPORATE GROWTH PERFORMANCE: EVIDENCE FROM BIST TEXTILE FIRMS

Volume: 27 Number: 1 September 25, 2026
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A MULTIDIMENSIONAL MCDM FRAMEWORK FOR CORPORATE GROWTH PERFORMANCE: EVIDENCE FROM BIST TEXTILE FIRMS

Abstract

This study proposes a novel hybrid decision-making model for the multidimensional assessment of the growth performance of textile firms listed on BIST. The proposed framework integrates the MAXC, WENSLO, and SWI approaches, whereby MAXC and WENSLO are employed for the objective weighting of the chosen performance metrics and SWI is utilized for the ranking of firms according to their growth performance. The applicability and validity of the model are tested through a case study drawing on the annual financial data of sixteen BIST-listed textile firms over the 2015–2025 period. The integrated weighting findings obtained in the first stage of the assessment process reveal that Tobin's Q ratio constitutes the most decisive criterion in explaining the growth performance of textile firms, followed respectively by net sales growth rate and total debt growth rate. According to the SWI-based ranking findings derived in the second stage, BLCYT emerges as the highest-performing firm while DIRIT records the lowest growth performance score. Moreover, the sensitivity and robustness analyses conducted confirm that the suggested integrated framework produces methodologically consistent, stable, and reliable results.

Keywords

References

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Details

Primary Language

English

Subjects

Finance, Finance and Investment (Other)

Journal Section

Research Article

Publication Date

September 25, 2026

Submission Date

May 20, 2026

Acceptance Date

September 2, 2026

Published in Issue

Year 2026 Volume: 27 Number: 1

APA
Akbulut, O. Y. (2026). A MULTIDIMENSIONAL MCDM FRAMEWORK FOR CORPORATE GROWTH PERFORMANCE: EVIDENCE FROM BIST TEXTILE FIRMS. Doğuş Üniversitesi Dergisi, 27(1), 1852-1879. https://doi.org/10.31671/doujournal.1955993
AMA
1.Akbulut OY. A MULTIDIMENSIONAL MCDM FRAMEWORK FOR CORPORATE GROWTH PERFORMANCE: EVIDENCE FROM BIST TEXTILE FIRMS. Doğuş Üniversitesi Dergisi. 2026;27(1):1852-1879. doi:10.31671/doujournal.1955993
Chicago
Akbulut, Osman Yavuz. 2026. “A MULTIDIMENSIONAL MCDM FRAMEWORK FOR CORPORATE GROWTH PERFORMANCE: EVIDENCE FROM BIST TEXTILE FIRMS”. Doğuş Üniversitesi Dergisi 27 (1): 1852-79. https://doi.org/10.31671/doujournal.1955993.
EndNote
Akbulut OY (September 1, 2026) A MULTIDIMENSIONAL MCDM FRAMEWORK FOR CORPORATE GROWTH PERFORMANCE: EVIDENCE FROM BIST TEXTILE FIRMS. Doğuş Üniversitesi Dergisi 27 1 1852–1879.
IEEE
[1]O. Y. Akbulut, “A MULTIDIMENSIONAL MCDM FRAMEWORK FOR CORPORATE GROWTH PERFORMANCE: EVIDENCE FROM BIST TEXTILE FIRMS”, Doğuş Üniversitesi Dergisi, vol. 27, no. 1, pp. 1852–1879, Sept. 2026, doi: 10.31671/doujournal.1955993.
ISNAD
Akbulut, Osman Yavuz. “A MULTIDIMENSIONAL MCDM FRAMEWORK FOR CORPORATE GROWTH PERFORMANCE: EVIDENCE FROM BIST TEXTILE FIRMS”. Doğuş Üniversitesi Dergisi 27/1 (September 1, 2026): 1852-1879. https://doi.org/10.31671/doujournal.1955993.
JAMA
1.Akbulut OY. A MULTIDIMENSIONAL MCDM FRAMEWORK FOR CORPORATE GROWTH PERFORMANCE: EVIDENCE FROM BIST TEXTILE FIRMS. Doğuş Üniversitesi Dergisi. 2026;27:1852–1879.
MLA
Akbulut, Osman Yavuz. “A MULTIDIMENSIONAL MCDM FRAMEWORK FOR CORPORATE GROWTH PERFORMANCE: EVIDENCE FROM BIST TEXTILE FIRMS”. Doğuş Üniversitesi Dergisi, vol. 27, no. 1, Sept. 2026, pp. 1852-79, doi:10.31671/doujournal.1955993.
Vancouver
1.Osman Yavuz Akbulut. A MULTIDIMENSIONAL MCDM FRAMEWORK FOR CORPORATE GROWTH PERFORMANCE: EVIDENCE FROM BIST TEXTILE FIRMS. Doğuş Üniversitesi Dergisi. 2026 Sep. 1;27(1):1852-79. doi:10.31671/doujournal.1955993