Title of article :
Analysis of returns to scale and efficiency in the financial performance of listed petrochemical companies by DEA method
Author/Authors :
Rezaeilava, S Department of Financial Management - Islamic Azad University Central Tehran Branch, Tehran, Iran , Fallah Shams Layalestani, M Department of Commerce - Islamic Azad University Central Tehran Branch, Tehran, Iran , Sanei, M Department of Mathematics - Islamic Azad University Central Tehran Branch, Tehran, Iran , BaniHashemi, S Department of Mathematics - Allameh Tabatabai University, Tehran, Iran
Abstract :
One of the components of large companies that, with the support of their competent and
efficient managers, are analyzing the capital market, raw materials and products every day, is
an accurate calculation tool to advance future goals.
After the end of financial periods and through news and media, announcements of profit and
loss, balance sheet and earnings per share and finally changes in stock prices of companies in
the capital market are provided to us. Obviously, companies that have achieved better
profitability rates and have increased the value of investor stocks have a better position in this
market, and other companies have the ability to gain points that have led to positive changes
in the market. They maintain their competition to achieve much higher.
In this paper, the financial information of 10 petrochemical companies that are members of
the stock exchange for 11 consecutive years is classified by performance appraisal techniques
and finally, according to the market analysis and methods used, the results related to the
returns of these companies are classified. Has been.
Keywords :
Return to Scale , Performance Evaluation of Financial Statements , Efficiency , Data Envelopment Analysis , Returns , Securities
Journal title :
International Journal of Data Envelopment Analysis(IJDEA)