Performance evaluation of companies trading in Turkey Borsa Istanbul technology index with TOPSIS and COPRAS methods
by Burak Keskin; Bilgehan Tekin
International Journal of Business Excellence (IJBEX), Vol. 34, No. 3, 2024

Abstract: Technology companies play an essential role in determining countries' global policies, expanding the base of higher-wage jobs, increasing tax revenues and promoting balanced economic growth. Therefore, technology companies' financial performances, whose number and success are becoming more important nowadays, should be measured and followed continuously. Measuring companies' financial performance is also critical for determining potential investors' alternatives before and during the stock investment and making the best decision. In this study, the financial performance of technology companies included in the Borsa Istanbul (BIST) technology index (XUTEK) has been determined by multi-criteria decision-making methods based on financial ratios. TOPSIS and COPRAS methods were used in the study, and the five years data between 2015-2019 were considered. The companies' success ranking was made using these two methods for each year. According to the results, the average correlation between the two methods was found as 98%. Based on the five-year period, the most successful companies were LINK computer and DATAGATE computer, respectively. Additionally, the companies that carried out the worst performance were the ESCORT computer and NETAS in all years.

Online publication date: Mon, 09-Dec-2024

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Business Excellence (IJBEX):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com