FINANCIAL PERFORMANCE EVALUATION WITH GRAY RELATED ANALYSIS METHOD: A RESEARCH ON BIST 100 Cover Image

GRİ İLİŞKİSEL ANALİZ YÖNTEMİ İLE FİNANSAL PERFORMANS DEĞERLENDİRİLMESİ: BİST 100 ÜZERİNE BİR ARAŞTIRMA
FINANCIAL PERFORMANCE EVALUATION WITH GRAY RELATED ANALYSIS METHOD: A RESEARCH ON BIST 100

Author(s): Ümran ŞENGÜL, Nalan ECE
Subject(s): Economy
Published by: Rating Academy
Keywords: Financial Performance; Gray Relational Analysis Method; Stock Returns;

Summary/Abstract: In this study, the financial performances of BIST 100 companies were analyzed between 2005 and 2017. In order to evaluate the financial performance of the companies in years, asset profitability, return on equity, profitability of sales, market value / book value ratio, price earning ratio, market value were taken. In the performance evaluation, Gray Relational Analysis (GRA) method was used in Multi Criteria Decision Making techniques. Thus, it has been investigated whether BIST100 companies have generally profitable, effective and high stock returns by periods. In addition, the relationship between TRL values and stock returns of BIST100 companies has been tried to be demonstrated.

  • Issue Year: 3/2018
  • Issue No: Special
  • Page Range: 865-880
  • Page Count: 16
  • Language: Turkish
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