Title :
Synthetic evaluation on listed companies in ceramic industry based on a combined weight method
Author_Institution :
Sch. of Manage., Tianjin Univ. of Technol. Tianjin, Tianjin, China
Abstract :
The number of listed companies in the ceramic industry in China stock market is very small, but represents the development situation of the whole industry. Evaluation on the performance efficiency of the listed companies is very important. Traditional AHP and DEA evaluation methods face problems of subjectivity or lack of human factors. A combination method which integrates advantages of the two models can be used to evaluate status and efficiency of the listed companies in the ceramic industry. Input and output indicators are carefully selected. Data of input and output indicators are carefully ascertained and processed on basis of sourcing relative publicized financial report. Finally a ranking list of the seven companies is given.
Keywords :
ceramic industry; combinatorial mathematics; data envelopment analysis; decision making; stock markets; AHP evaluation methods; China stock market; DEA evaluation method; ceramic industry; combination method; combined weight method; financial report; performance efficiency; synthetic evaluation; Ceramics; Ceramics industry; Companies; Equations; Indexes; Mathematical model; AHP; DEA; DMU; ceramic industry; combined weight method;
Conference_Titel :
Management Science and Industrial Engineering (MSIE), 2011 International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-1-4244-8383-9
DOI :
10.1109/MSIE.2011.5707540