TY  - JOUR
T1  - Financial Performance Analysis of Enterprises in The Energy Sector with The Entropy Based Aras and GRI Method
TT  - Financial Performance Analysis of Enterprises in The Energy Sector with The Entropy Based Aras and GRI Method
AU  - Yaşar, Aysu
AU  - Terzioğlu, Mehmet Kenan
PY  - 2022
DA  - July
Y2  - 2022
DO  - 10.47103/bilturk.1131295
JF  - BİLTÜRK Ekonomi ve İlişkili Çalışmalar Dergisi
JO  - BILTURK
PB  - Fatih DEYNELİ
WT  - DergiPark
SN  - 2667-5927
SP  - 145
EP  - 159
VL  - 4
IS  - 3
LA  - tr
AB  - In the energy sector, which is a high-risk sector, it is important for enterprises to have financially strong infrastructure in order to sustain energy production. The sustainability of the enterprises is ensured by making financial performance measurements in reducing the risks related to the performance of the companies and examining the soundness of their financial infrastructures. In this context, it is aimed to evaluate the financial performance of enterprises in the energy sector with Entropy-based ARAS and GRI methods. In the study, eight enterprises operating in the Borsa İstanbul Electricity, Gas and Steam Sector were selected as a sample and the financial data used within the scope of the evaluation criteria are obtained from the Public Disclosure Platform (KAP) data distribution system. According to the results of ARAS and GRI method, in which the weights obtained by Entropy are used where the criterion weights are determined, Enerjisa Enerji A.Ş. was the company with the highest performance; it is found that the company with the lowest performance is PAMEL Renewable Electricity Generation Inc.
KW  - energy sector
KW  - performance evaluation
KW  - GRI method
KW  - ARAS method.
N2  - In the energy sector, which is a high-risk sector, it is important for enterprises to have financially strong infrastructure in order to sustain energy production. The sustainability of the enterprises is ensured by making financial performance measurements in reducing the risks related to the performance of the companies and examining the soundness of their financial infrastructures. In this context, it is aimed to evaluate the financial performance of enterprises in the energy sector with Entropy-based ARAS and GRI methods. In the study, eight enterprises operating in the Borsa İstanbul Electricity, Gas and Steam Sector were selected as a sample and the financial data used within the scope of the evaluation criteria are obtained from the Public Disclosure Platform (KAP) data distribution system. According to the results of ARAS and GRI method, in which the weights obtained by Entropy are used where the criterion weights are determined, Enerjisa Enerji A.Ş. was the company with the highest performance; it is found that the company with the lowest performance is PAMEL Renewable Electricity Generation Inc.
CR  - Metin S., Yaman, S. ve Kormaz, T. 2017. Finansal Performansın TOPSIS ve MOORA Yöntemleri İle Belirlenmesi: BIST Enerji Firmaları Üzerine Karşılaştırmalı Bir Uygulama, KSÜ Sosyal bilimler Dergisi, 14(2), 371-394.
CR  - Özdemir, A. İ., Deste, M. (2009). Gri İlişkisel analiz ile çok kriterli tedarikçi seçimi: Otomotiv Sektöründe bir uygulama. İstanbul Üniversitesi İşletme Fakültesi Dergisi, 38(2), 147-156.
UR  - https://doi.org/10.47103/bilturk.1131295
L1  - https://dergipark.org.tr/tr/download/article-file/2488756
ER  -