• 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