Journals / Bartın Orman Fakültesi Dergisi / 2021 / Cilt: 23 - Sayı: 2

Analysis of Financial Performance of Paper, Forest and Furniture Companies Operating Under The Turkish Forest Industry Sector by Entropy-Based Promethee Method

Türkiye Orman Endüstri Sektörü Altında Faaliyet Gösteren Kağıt, Orman ve Mobilya Firmalarının Finansal Performanslarının Entropi Temelli PROMETHEE Yöntemiyle Analizi

Pages
545–554
Publication Date
2021-08-16
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

In general, it has been determined that companies operating in the forest industry sector are minimally affected by the pandemic.

📌 3 Key Takeaways

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Objective & Hypothesis:In the study, Turkey’s paper products, wood products and furniture sectors located to determine the financial performance of the fifteen business Entropy weighted PROMETHEE method with an evaluation system was created, and according to the evaluation indicators, the reaction of the enterprises to the current developments of Borsa Istanbul (BIST) stocks during, and before the pandemic was tried to be reflected.
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Key Findings & Data:Eleven criteria covering financial performance ratios have been evaluated together for the years before and after the pandemic.
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Conclusion & Impact:In general, it has been determined that companies operating in the forest industry sector are minimally affected by the pandemic.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Finansal performans · entropi · PROMETHEE

Abstract

In the study, Turkey’s paper products, wood products and furniture sectors located to determine the financial performance of the fifteen business Entropy weighted PROMETHEE method with an evaluation system was created, and according to the evaluation indicators, the reaction of the enterprises to the current developments of Borsa Istanbul (BIST) stocks during, and before the pandemic was tried to be reflected. Eleven criteria covering financial performance ratios have been evaluated together for the years before and after the pandemic. According to the weighted criteria, the preference ranking of the stocks has been established. In this ranking, the stock of ALKA (K1) and SUMAS (OM4) showed the best performance in the pandemic and pre-pandemic period. In general, it has been determined that companies operating in the forest industry sector are minimally affected by the pandemic.

Özet

Çalışmada, Türkiye kâğıt ürünleri, orman ürünleri ve mobilya sektörlerinde yer alan on beş işletmenin finansal performansını belirlemek için Entropi temelli PROMETHEE yöntemiyle bir değerlendirme sistemi oluşturulmuş, değerlendirme göstergelerine göre işletmelerin Borsa İstanbul (BIST) hisselerinin pandemi dönemi ve öncesi mevcut gelişmelere gösterdikleri tepki yansıtılmaya çalışılmıştır. Finansal performans oranlarını kapsayan on bir kriter pandemi ve öncesi yıllar için birlikte değerlendirilmiştir. Ağırlıklandırılmış kriterlere göre hisselerin tercih sıralaması oluşturulmuştur. Bu sıralamada ALKA (K1) ve SUMAS (OM4) hissesinin pandemi ve öncesi dönemde en iyi performansı gösterdiği görülmüştür. Genel olarak orman endüstri sektöründe faaliyet gösteren firmaların pandemiden minimum etkilendiği tespit edilmiştir.

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Cite This Article

KURT, R., İMREN, E., KARAYILMAZLAR, S. (2021). Analysis of Financial Performance of Paper, Forest and Furniture Companies Operating Under The Turkish Forest Industry Sector by Entropy-Based Promethee Method. Bartın Orman Fakültesi Dergisi, Cilt: 23 - Sayı: 2, 545–554. https://ajindex.com/articles/398346

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