An Assessment for Financial Performance of Banks Listed in Borsa Istanbul By Multiple Criteria Decision Making

Autor: Ercan Özen, Eser Yeşildağ, Ender Baykut
Rok vydání: 2020
Předmět:
DOI: 10.1108/978-1-80043-095-220201013
Popis: Results: According to the TOPSIS method, while the best bank is QNB Finansbank, HALKB, a public bank, was determined as the best bank using the GRA method. There is no significant correlation between financial performance indicators and market returns obtained by either method, with exceptions. There is no generally significant correlation detected between financial ratios and market returns. Accordingly, it is concluded that the bank stock prices in the study are shaped by the influence of external factors and expectations. The study results include information that can be used for different purposes among bank managers, academics and financial investors.
Databáze: OpenAIRE