Determining the efficiency of concrete companies ranked in top 1000 manufacturing firms trading in use: A multi-criteria data envelopment analysis model
Abstract
The purpose of this study is to measure and evaluate the efficiency of 11 concrete companies ranked in top 1000 manufacturing firms in 2002 in Turkey, using a multi-criteria Data Envelopment Analysis (DEA) methodology. Current ratio, leverage, inventory turnover ratio, machinery and equipment, size of the company in terms of shareholders equity, and cash flow were used as inputs of the model. The outputs used in this analysis incorporated profitability, productivity, and stock performance of the company. Efficiencies of the companies were measured using the data provided by Istanbul Stock Exchange (ISE) and Istanbul Chamber of Industry (ICI). Results provide management with information regarding the relatively best companies in the observation sets and locate the relatively inefficient companies by comparison with the best practice ones. At last some suggestions are made for the inefficient companies.
Keywords
Details
Primary Language
English
Subjects
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Journal Section
Research Article
Publication Date
December 26, 2007
Submission Date
February 27, 2012
Acceptance Date
-
Published in Issue
Year 2007 Volume: 36 Number: 2