DATA PERFORMANCE MEASUREMENT OF MAIN METAL INDUSTRY COMPANIES IN BIST 100 WITH DATA ENVELOPMENT ANALYSIS Cover Image

BIST 100 DE YER ALAN ANA METAL SANAYİ FİRMALARININ VERİ ZARFLAMA ANALİZİ İLE PERFORMANS ÖLÇÜMÜ
DATA PERFORMANCE MEASUREMENT OF MAIN METAL INDUSTRY COMPANIES IN BIST 100 WITH DATA ENVELOPMENT ANALYSIS

Author(s): Ümran ŞENGÜL
Subject(s): Economy, Business Economy / Management, Energy and Environmental Studies
Published by: Rating Academy
Keywords: Main Metal Industry; Financial Performance; Data Envelopment Analysis;

Summary/Abstract: Although Main Metal Industry is an important factor in the development of the country's economy and industry, the shrinkage of the sector during crisis periods negatively affects the employment and economy of the country. The main purpose of this study is to evaluate the performance of Main Metal Industry companies on a yearly basis. Performance evaluation is the process of monitoring the resources used by the enterprise, the goods and services produced, the results obtained, and collecting data in a regular and systematic way, analyzing, interpreting and reporting them. Calculation and measurement of performance; is a difficult and complex process. Firm-level and sector-based financial evaluations guide the performance evaluation of firms for investors and managers. However, evaluating the financial ratios as input and output variables and evaluating the performance of the firm provide more realistic interpretations. In this study, the effectiveness of 17 Main Metal Industry companies traded in BIST was analyzed using Data Envelopment Analysis Method (DEA) for the period of 2010-2018. In the study, input variables; Liquidity ratio, Current ratio, Total Debt / Equity, Total Assets; Output variables; Net Income, Return on Equity, Net Profit Margin, Tobin Q. Entry-oriented activity analysis was conducted and according to the results of the analysis, activity scores in 2010-2018 period, annual average values of all relevant companies; According to CCR and BCC models, it shows a general downward trend from 2012 to 2018. Although it showed a slightly positive trend in 2018 compared to 2016-2017, it was found to be lower than 2012.

  • Issue Year: 7/2020
  • Issue No: 2
  • Page Range: 161-176
  • Page Count: 16
  • Language: Turkish