DocumentCode
2659689
Title
Evaluation of the business operation performance of the listing companies by applying TOPSIS method
Author
Wang, Tien-Chin ; Hsu, Jo-Chien
Author_Institution
Inst. of Inf. Manage., I-Shou Univ., Kaohsiung, Taiwan
Volume
2
fYear
2004
fDate
10-13 Oct. 2004
Firstpage
1286
Abstract
This research is targeted at the ten listing companies in the Taiwan stock market as the main investigation counter parties, which their business style are producing the notebook computers, by using the inventory turnover, net income ratio, earnings per share and current ratio these four financial ratios as the evaluation standards, hereafter apply entropy method to work out the objective weights for each evaluation standard, and finally by using the TOPSIS method to compute the relative performance index of each project and sort the results. We can offer the sorting results for the investors as effective information, to serve as reference for selection of the target stock shares, investment financial programs and help doing the investment strategic analysis.
Keywords
investment; performance index; stock markets; TOPSIS method; Taiwan stock market; business operation performance evaluation; earnings per share; entropy method; evaluation standards; financial ratios; inventory turnover; investment financial programs; investment strategic analysis; listing companies; net income ratio; performance index; Companies; Counting circuits; Entropy; Information analysis; Information management; Investments; Mathematics; Performance analysis; Sorting; Stock markets;
fLanguage
English
Publisher
ieee
Conference_Titel
Systems, Man and Cybernetics, 2004 IEEE International Conference on
ISSN
1062-922X
Print_ISBN
0-7803-8566-7
Type
conf
DOI
10.1109/ICSMC.2004.1399802
Filename
1399802
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