dc.contributor.author | Ghadikolaei, Abdolhamid Safaei | |
dc.contributor.author | Esbouei, Saber Khalili | |
dc.contributor.author | Antuchevičienė, Jurgita | |
dc.date.accessioned | 2023-09-18T20:02:36Z | |
dc.date.available | 2023-09-18T20:02:36Z | |
dc.date.issued | 2014 | |
dc.identifier.issn | 2029-4913 | |
dc.identifier.other | (BIS)VGT02-000028679 | |
dc.identifier.uri | https://etalpykla.vilniustech.lt/handle/123456789/146092 | |
dc.description.abstract | Financial performance evaluation is very important in a highly competitive business environment. Accordingly, an accurate and appropriate performance evaluation is critical. Financial performance indicators reflect the competitiveness of a company and they must be carefully identified in the evaluation process. Generally, accounting measures are used for performance evaluation. However, these measures are not sufficient for performance evaluation in the today’s competitive economy. Therefore, value based measures have recently been introduced to express the company value. In this study, a hybrid approach is proposed for financial performance evaluation of automotive companies of Tehran stock exchange (TSE). For this purpose, a hierarchical financial performance evaluation model is structured based on the accounting measures and economic value measures. In this approach Fuzzy Analytic Hierarchy Process (FAHP) is applied to determine weights of criteria. Then the companies are ranked by using Fuzzy VIKOR (VlseKriterijumska Optimizacija I Kompromisno Resenje (in Serbian), Fuzzy Additive Ratio Assessment (ARAS-F) and Fuzzy Complex Proportional Assessment (Fuzzy COPRAS), simultaneously. Also results of three outranking methods are combined by using the mean ranks. The results represented the highest importance of economic value measures than accounting measures in financial performance evaluation of companies. Six companies were ranked applying the proposed approach. | eng |
dc.format | PDF | |
dc.format.extent | p. 274-291 | |
dc.format.medium | tekstas / txt | |
dc.language.iso | eng | |
dc.relation.isreferencedby | Business Source Complete | |
dc.relation.isreferencedby | ICONDA | |
dc.relation.isreferencedby | Scopus | |
dc.relation.isreferencedby | Social Sciences Citation Index (Web of Science) | |
dc.source.uri | http://www.tandfonline.com/doi/pdf/10.3846/20294913.2014.913274 | |
dc.subject | VE01 - Aukštos pridėtinės vertės ekonomika / High value-added economy | |
dc.title | Applying fuzzy MCDM for financial performance evaluation of Iranian companies | |
dc.type | Straipsnis Web of Science DB / Article in Web of Science DB | |
dcterms.license | Creative Commons – Attribution – 4.0 International | |
dcterms.references | 33 | |
dc.type.pubtype | S1 - Straipsnis Web of Science DB / Web of Science DB article | |
dc.contributor.institution | University of Mazandaran, Iran | |
dc.contributor.institution | Vilniaus Gedimino technikos universitetas | |
dc.contributor.faculty | Statybos fakultetas / Faculty of Civil Engineering | |
dc.subject.researchfield | S 003 - Vadyba / Management | |
dc.subject.researchfield | T 002 - Statybos inžinerija / Construction and engineering | |
dc.subject.researchfield | T 007 - Informatikos inžinerija / Informatics engineering | |
dc.subject.ltspecializations | L104 - Nauji gamybos procesai, medžiagos ir technologijos / New production processes, materials and technologies | |
dc.subject.en | Financial performance | |
dc.subject.en | Accounting measures | |
dc.subject.en | Economic value measures | |
dc.subject.en | Fuzzy Analytic Hierarchy Process (FAHP) | |
dc.subject.en | Fuzzy VlseKriterijumska Optimizacija I Kompromisno Resenje (Fuzzy VIKOR) | |
dc.subject.en | Fuzzy Additive Ratio Assessment (ARAS-F) | |
dc.subject.en | Fuzzy Complex Proportional Assessment (Fuzzy COPRAS) | |
dcterms.sourcetitle | Technological and economic development of economy | |
dc.description.issue | no. 2 | |
dc.description.volume | vol. 20 | |
dc.publisher.name | Technika | |
dc.publisher.city | Vilnius | |
dc.identifier.doi | 10.3846/20294913.2014.913274 | |
dc.identifier.elaba | 4082251 | |