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
Link To Document :
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