Research Article

Financial Performance Evaluation of Firms in Bist Chemical Petroleum Plastic Sector by Using an Integrated MultiCrıteria Decision Making Method

Volume: 11 Number: 2 December 1, 2015
  • Dr. Burcu Avci Öztürk
  • Dr. Funda Özçelik
EN TR

Financial Performance Evaluation of Firms in Bist Chemical Petroleum Plastic Sector by Using an Integrated MultiCrıteria Decision Making Method

Abstract

As financial performance indicators reflect the competitiveness of companies, financial performance evaluation has a vital importance in a competitive environment. This study aims to evaluate financial performances of the companies listed on Borsa Istanbul chemical, petroleum, plastic indices. In this context, financial ratio analysis of these companies is done for the years between 2010 and 2012, and the obtained data were evaluated by using Analytic Hierarchy Process (AHP) and Technique for Order Preference by Similarity to Ideal Solution (TOPSIS). The AHP approach is used to determine relative importance weights of the main criteria and sub-criteria. The weights and financial ratios are combined by using the TOPSIS approach. As a result of the analysis, the most important ratios are profitability ratios, and Tüpraş has the best financial performance.

Keywords

Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Authors

Dr. Burcu Avci Öztürk This is me

Dr. Funda Özçelik This is me

Publication Date

December 1, 2015

Submission Date

December 19, 2015

Acceptance Date

-

Published in Issue

Year 2015 Volume: 11 Number: 2

APA
Öztürk, D. B. A., & Özçelik, D. F. (2015). Financial Performance Evaluation of Firms in Bist Chemical Petroleum Plastic Sector by Using an Integrated MultiCrıteria Decision Making Method. Paradoks Ekonomi Sosyoloji Ve Politika Dergisi, 11(2), 34-62. https://izlik.org/JA26XY86UC
AMA
1.Öztürk DBA, Özçelik DF. Financial Performance Evaluation of Firms in Bist Chemical Petroleum Plastic Sector by Using an Integrated MultiCrıteria Decision Making Method. Paradoks Ekonomi Sosyoloji ve Politika Dergisi. 2015;11(2):34-62. https://izlik.org/JA26XY86UC
Chicago
Öztürk, Dr. Burcu Avci, and Dr. Funda Özçelik. 2015. “Financial Performance Evaluation of Firms in Bist Chemical Petroleum Plastic Sector by Using an Integrated MultiCrıteria Decision Making Method”. Paradoks Ekonomi Sosyoloji Ve Politika Dergisi 11 (2): 34-62. https://izlik.org/JA26XY86UC.
EndNote
Öztürk DBA, Özçelik DF (December 1, 2015) Financial Performance Evaluation of Firms in Bist Chemical Petroleum Plastic Sector by Using an Integrated MultiCrıteria Decision Making Method. Paradoks Ekonomi Sosyoloji ve Politika Dergisi 11 2 34–62.
IEEE
[1]D. B. A. Öztürk and D. F. Özçelik, “Financial Performance Evaluation of Firms in Bist Chemical Petroleum Plastic Sector by Using an Integrated MultiCrıteria Decision Making Method”, Paradoks Ekonomi Sosyoloji ve Politika Dergisi, vol. 11, no. 2, pp. 34–62, Dec. 2015, [Online]. Available: https://izlik.org/JA26XY86UC
ISNAD
Öztürk, Dr. Burcu Avci - Özçelik, Dr. Funda. “Financial Performance Evaluation of Firms in Bist Chemical Petroleum Plastic Sector by Using an Integrated MultiCrıteria Decision Making Method”. Paradoks Ekonomi Sosyoloji ve Politika Dergisi 11/2 (December 1, 2015): 34-62. https://izlik.org/JA26XY86UC.
JAMA
1.Öztürk DBA, Özçelik DF. Financial Performance Evaluation of Firms in Bist Chemical Petroleum Plastic Sector by Using an Integrated MultiCrıteria Decision Making Method. Paradoks Ekonomi Sosyoloji ve Politika Dergisi. 2015;11:34–62.
MLA
Öztürk, Dr. Burcu Avci, and Dr. Funda Özçelik. “Financial Performance Evaluation of Firms in Bist Chemical Petroleum Plastic Sector by Using an Integrated MultiCrıteria Decision Making Method”. Paradoks Ekonomi Sosyoloji Ve Politika Dergisi, vol. 11, no. 2, Dec. 2015, pp. 34-62, https://izlik.org/JA26XY86UC.
Vancouver
1.Dr. Burcu Avci Öztürk, Dr. Funda Özçelik. Financial Performance Evaluation of Firms in Bist Chemical Petroleum Plastic Sector by Using an Integrated MultiCrıteria Decision Making Method. Paradoks Ekonomi Sosyoloji ve Politika Dergisi [Internet]. 2015 Dec. 1;11(2):34-62. Available from: https://izlik.org/JA26XY86UC