Ranking Active Companies in Cement Industry with the Combined Approach of Grey Relational Analysis and Data Envelopment Analysis

investors can choose different companies for investment based on the financial ratios analysis. Financial ratios can be used to measure the performance and determine the performance standards. In this paper, financial ratios of 26 active companies in Tehran Stock Exchange (in cement sector) between 2013 and 2016 have been collected; then, the active companies in the cement indust ry are ranked through using the combined method of Grey Relational Analysis (GRA) and Data Envelopment Analysis (DEA). Finally, the results of this study can help investors to choose the top companies for investment in terms of the financial ratios

Keywords:

Grey Relational Analysis , Data Envelopment Analysis , Financial Ratios

Authors

Mojtaba Karimi Pashaki

Department of Financial Management, Shahr Qods Branch, Islamic Azad University, Tehran, Iran

Mahnaz Ahadzadeh

Department of Mathematics, Shahr Qods Branch, Islamic Azad University, Tehran, Iran

Shadi Shahverdiani

Department of Financial Management, Shahr Qods Branch, Islamic Azad University, Tehran, Iran

Certificate
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لینک ثابت به این Paper:

https://civilica.com/doc/855080

شناسه ملی سند علمی:

IDS03_080

تاریخ نمایه سازی: 31 اردیبهشت 1398

How to Cite to This Paper:

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Karimi Pashaki, Mojtaba and Ahadzadeh, Mahnaz and Shahverdiani, Shadi,1397,Ranking Active Companies in Cement Industry with the Combined Approach of Grey Relational Analysis and Data Envelopment Analysis,The Third International Conference on Intelligent Decision Science,Tehran,https://civilica.com/doc/855080

Scientometrics

The specifications of the publisher center of this Paper are as follows:

Ranking of Islamic Azad University of Shahr Ghods

Type of center: Azad University

Paper count: 3,018

In the scientometrics section of CIVILICA, you can see the scientific ranking of the Iranian academic and research centers based on the statistics of indexed articles.