BORSA İSTANBUL’DA ENERJİ ŞİRKETLERİNİN NAKİT AKIM ORANLARINA DAYALI FİNANSAL PERFORMANS ANALİZİ-Reference-Cited by-同舟云学术

BORSA İSTANBUL’DA ENERJİ ŞİRKETLERİNİN NAKİT AKIM ORANLARINA DAYALI FİNANSAL PERFORMANS ANALİZİ

Published:2023-06-30 Issue:2 Volume:8 Page:322-334
ISSN:2602-2486
Container-title:Finans Ekonomi ve Sosyal Araştırmalar Dergisi
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Author:

AKSU Melek¹^ORCID,GEÇER Ebru²^ORCID

Affiliation:

1. BALIKESİR ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ

2. ANKARA YILDIRIM BEYAZIT ÜNİVERSİTESİ, FEN BİLİMLERİ ENSTİTÜSÜ

Abstract

The purpose of this paper is to evaluate the financial performance of the sixteen energy companies listed in Borsa Istanbul in terms of cash sufficiency and cash efficiency and benchmark them in 2020 and 2021; during the COVID-19 period by using multi-criteria decision making methods. This paper utilizes the Method Based on the Removal Effects of Criteria (MEREC) technique to determine the objective weights of cash ratios. Energy companies’ ranking is estimated using the Grey Relational Analysis (GRA) approach. In the case of the financial performance evaluation problem, 7 performance attributes and 16 alternative layouts were considered. The results show that most of the energy companies have weak financial performance in 2020 and then improve their financial performance in 2021.

Publisher

Finans Ekonomi ve Sosyal Arastirmalar Dergisi

Subject

General Computer Science

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