Küresel Finansal Krizin Isletmelerin Etkinlik ve Performans Duzeylerine Etkileri: 2008 Finansal Kriz Ornegi
Abdulkadir Kaya () and
Unal Gulhan ()
Additional contact information
Abdulkadir Kaya: Atatürk University
Unal Gulhan: Sinop University
Istanbul University Econometrics and Statistics e-Journal, 2010, vol. 11, issue 1, 61-89
Financial crisis occurred in USA at the end of the year of 2007 became a global crisis by spreading to the other countries in the world. Financial crisis makes businesses necessary to use their resources more efficient and increase their performance. In this study, by using 10 financial ratios of 25 firms that traded in Metal Product and Machine Sector before and after two periods of financial crisis. Data envelopment analysis (DEA) and TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) analysis are used to determine efficiency and performances of businesses respectively. DEA results show that businesses use their resources more efficient compared to the before financial crisis and TOPSIS analysis results show that there is no an important difference of ranking of performances of businesses.
Keywords: Financial Crises; Business; Efficiently; Performance; DEA; TOPSIS; ISE; Metal Product and Machine (search for similar items in EconPapers)
JEL-codes: G01 G14 M21 C14 (search for similar items in EconPapers)
References: View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ist:ancoec:v:11:y:2010:i:1:p:61-89
Access Statistics for this article
More articles in Istanbul University Econometrics and Statistics e-Journal from Department of Econometrics, Faculty of Economics, Istanbul University Contact information at EDIRC.
Series data maintained by Kutluk Kagan Sumer ().