Performance evaluation of electricity generation companies traded on BIST according to the financial parameters through the application of TOPSIS method

Abstract

Electrical energy is essential to the economic and social development and will improve the quality of life in any nation. Recently, a great deal of attention has been received and a fairly large body of literature has been focused on the TOPSIS method. In this study, the financial performance of 6 electricity generation companies whose shares are traded in the BIST are evaluated with multi decision making analysis by using financial ratios. The study conducted .NET framework coded in C# programming language.