Applying TOPSIS method to evaluate the Business Operation Performance of Vietnam Listing Securities Companies
Stock market is still known as a new range in Vietnam, however now it becomes one of the main business lines in Vietnam. This study is targeted at the thirteen listing companies in the Vietnam Stock Market as the main investigation counter parties, which their business style are real estate, by using the Inventory Turnover, Net Income Ratio, Earnings per Share and Current Ratio, Return on total assets (ROA), and Return on common Equity(ROE) these six financial ratios as the estimation standard, henceforth apply entropy method to work out the objective weights for each evaluation standard, and finally by using the TOPSIS method to measure the relative performance index of each project and sort the results. The method is addressed to those who prefer to select for a portfolio only the firms which demonstrate the closeness of their overall financial performance in the past year and help doing the investment strategic analysis.
Vietnam Stock Market TOPSIS Multi-Criteria Analysis Model Financial Ratio Objective Weight
Tien-Chin Wang Jui-Fang Chang
Truong Ngoc Anh, Wan-Tseng Chang Department of International Business National Kaoshiung University of Applied Sciences, Kaoshiung, Taiwan
国际会议
International Conference on Computational Aspects of Social Networks(国际社会网络计算会议 CASoN 2010)
太原
英文
273-277
2010-09-26（万方平台首次上网日期，不代表论文的发表时间）