Sustainability Performance Evaluation Model of Banking Sector: An Intuitionistic Fuzzy Multi-Criteria Approach with a Non-Homogeneous Data Set

Burcu Şimşek Yağlı and Nuri Özgür Doğan

Journal of Research in Economics, Politics & Finance, 2025, vol. 10, issue SI, 30-58

Abstract: This study aims to develop a comprehensive and multidimensional framework to assess sustainability performance in the banking sector. We propose the Banking Sector Sustainability Model (BSSM), which integrates six dimensions: social, innovation, governance, environmental, economic, and financial criteria. To determine the relative importance of these dimensions, the study employs the Interval-Valued Intuitionistic Fuzzy Best-Worst Method (IVIF-BWM). Then, banks are ranked using the Intuitionistic Fuzzy Weighted Correlation Coefficient (IF-WCC) method, allowing for comparison based on diverse and heterogeneous data. The results reveal that expert groups have different priorities, with some highlighting environmental concerns and others prioritizing economic factors, indicating the framework's potential to capture diverse stakeholder perspectives. Sensitivity analyses confirm the stability and reliability of the proposed approach. Overall, the study proposes novel and practical tool for evaluating sustainability in the banking sector. The framework can support decision-makers, financial institutions, and researchers in promoting sustainable banking and enhancing transparency and accountability in the sector.

Keywords: Banking Sector Sustainability Model; Intuitionistic Fuzzy Sets; BWM; WCC; Heterogeneous Data (search for similar items in EconPapers)
JEL-codes: C44 D81 G21 Q01 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://dergipark.org.tr/tr/download/article-file/5372566 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ahs:journl:v:10:y:2025:i:si:p:30-58

DOI: 10.30784/epfad.1813034

Access Statistics for this article

More articles in Journal of Research in Economics, Politics & Finance from Ersan ERSOY
Bibliographic data for series maintained by Ersan Ersoy ().