Comparison of BWM-Based TOPSIS, PROMETHEE and COPRAS methods: An Application of Financial Performance of Banks

Eda Dalbudak Zorkirişçi; Ömer Faruk Rençber

Article Details

Comparison of BWM-Based TOPSIS, PROMETHEE and COPRAS methods: An Application of Financial Performance of Banks

Authors:

Eda Dalbudak Zorkirişçi | Ömer Faruk Rençber

Publisher:

Süleyman Demirel University

Main Topics:

İşletme

Journal:

Süleyman Demirel Üniversitesi Vizyoner Dergisi Vol.14 Issue 39, pp.1030-1045

Document Type:

Article

Publication Date:

8/2023

Document Language:

Turkish

Document ID (Org No.):

2001297253

pISSN:

1308-9552

Keywords:

Abstract:

 Along with globalization and the development of technology, commercial activities that are increasing both domestically and with imports and exports have brought banks and the banking sector to an important point in terms of economy. Banks financial performance researches are generally one of the most important issues in terms of both theory and practice. In the literature, it is seen that many multi-criteria decision making methods are used for financial performance measurements. In the study, it is aimed to measure the financial performances of 20 public, private or foreign capital banks operating in Turkey with BWM-based TOPSIS, PROMETHEE and COPRAS methods and to interpret the findings comparatively. In the study, banks are evaluated by determining 10 criteria under the CAMELS variables. At the same time, the results of the ranking of the banks obtained as a result of the study are compared with the Spearman rank correlation analysis. The study involves the years between 2009 and 2020. As a result of the study, it is concluded that public banks have higher performance and the findings of all three methods are similar in terms of methods, but the PROMETHEE method is more applicable in terms of ease of application and useful information it provides. It is thought that these results would contribute to the literature of multi-criteria decision making methods and the banking sector.

 Along with globalization and the development of technology, commercial activities that are increasing both domestically and with imports and exports have brought banks and the banking sector to an important point in terms of economy. Banks financial performance researches are generally one of the most important issues in terms of both theory and practice. In the literature, it is seen that many multi-criteria decision making methods are used for financial performance measurements. In the study, it is aimed to measure the financial performances of 20 public, private or foreign capital banks operating in Turkey with BWM-based TOPSIS, PROMETHEE and COPRAS methods and to interpret the findings comparatively. In the study, banks are evaluated by determining 10 criteria under the CAMELS variables. At the same time, the results of the ranking of the banks obtained as a result of the study are compared with the Spearman rank correlation analysis. The study involves the years between 2009 and 2020. As a result of the study, it is concluded that public banks have higher performance and the findings of all three methods are similar in terms of methods, but the PROMETHEE method is more applicable in terms of ease of application and useful information it provides. It is thought that these results would contribute to the literature of multi-criteria decision making methods and the banking sector.

 Along with globalization and the development of technology, commercial activities that are increasing both domestically and with imports and exports have brought banks and the banking sector to an important point in terms of economy. Banks financial performance researches are generally one of the most important issues in terms of both theory and practice. In the literature, it is seen that many multi-criteria decision making methods are used for financial performance measurements. In the study, it is aimed to measure the financial performances of 20 public, private or foreign capital banks operating in Turkey with BWM-based TOPSIS, PROMETHEE and COPRAS methods and to interpret the findings comparatively. In the study, banks are evaluated by determining 10 criteria under the CAMELS variables. At the same time, the results of the ranking of the banks obtained as a result of the study are compared with the Spearman rank correlation analysis. The study involves the years between 2009 and 2020. As a result of the study, it is concluded that public banks have higher performance and the findings of all three methods are similar in terms of methods, but the PROMETHEE method is more applicable in terms of ease of application and useful information it provides. It is thought that these results would contribute to the literature of multi-criteria decision making methods and the banking sector.

 Küreselleşme ve teknolojinin gelişmesi ile birlikte, gerek yurtiçi gerekse ithalat ve ihracatla artan ticari faaliyetler, bankaları ve bankacılık sektörünü de ekonomi açısından önemli bir noktaya getirmiştir. Bankaların finansal performans incelemeleri genellikle hem teorik hem de uygulama açısından önemli konuların başında gelmiştir. Literatürde birçok çok kriterli karar verme yöntemlerinin finansal performans ölçümleri amacıyla kullanıldığı görülmektedir. Bu çalışmada Türkiyede faaliyet gösteren kamu, özel veya yabancı sermayeli 20 bankanın finansal performanslarının BWM tabanlı TOPSIS, PROMETHEE ve COPRAS yöntemleri ile ölçülmesi ve elde edilen bulguların karşılaştırmalı olarak yorumlanması amaçlanmıştır. Çalışmada bankalar CAMELS değişkenleri altında 10 kriter belirlenerek değerlendirilmiştir. Aynı zamanda çalışma sonucunda elde edilen bankaların sıralamasına ait sonuçlar Spearman sıra korelasyon analizi ile karşılaştırılmıştır. Çalışma 2009 ile 2020 yılları arasını kapsamaktadır. Çalışmanın sonucunda ise kamu bankalarının performans olarak daha yüksek olduğu ve yöntemler açısından her üç yöntem bulgularının benzer olduğu ancak uygulama kolaylığı ve sağladığı faydalı bilgiler açısından PROMETHEE yönteminin daha uygulanabilir olduğu sonuçlarına ulaşılmıştır. Bu sonuçların çok kriterli karar verme yöntemleri literatürüne ve bankacılık sektörüne katkı sağlayacağı düşünülmektedir.

Article Details

Comparison of BWM-Based TOPSIS, PROMETHEE and COPRAS methods: An Application of Financial Performance of Banks

Authors:

Eda Dalbudak Zorkirişçi | Ömer Faruk Rençber

Publisher:

Süleyman Demirel University

Main Topics:

İşletme

Journal:

Süleyman Demirel Üniversitesi Vizyoner Dergisi Vol.14 Issue 39, pp.1030-1045

Document Type:

Article

Publication Date:

8/2023

Document Language:

Turkish

Document ID (Org No.):

2001297253

pISSN:

1308-9552

TOPSIS

PROMETHEE

COPRAS

BWM

Financial PerformanceTOPSIS

PROMETHEE

COPRAS

BWM

Finansal Performans

Issues

Article Details

Authors: Eda Dalbudak Zorkirişçi | Ömer Faruk Rençber

Publisher: Süleyman Demirel University

Main Topics: İşletme

Journal: Süleyman Demirel Üniversitesi Vizyoner Dergisi Vol.14 Issue 39, pp.1030-1045

Document Type: Article

Publication Date: 8/2023

Document Language: Turkish

Document ID (Org No.): 2001297253

pISSN: 1308-9552

Issues

Authors:

Eda Dalbudak Zorkirişçi | Ömer Faruk Rençber

Publisher:

Süleyman Demirel University

Main Topics:

İşletme

Journal:

Süleyman Demirel Üniversitesi Vizyoner Dergisi Vol.14 Issue 39, pp.1030-1045

Document Type:

Article

Publication Date:

8/2023

Document Language:

Turkish

Document ID (Org No.):

2001297253

pISSN:

1308-9552