Corporate performance evaluation: A multicriteria methodology and an application on the athens stock exchange

Xidonas, P; Mavrotas, G; Krintas, T; Askounis, D; Mertzanis, C; Psarras, J; Zopounidis, C

dc.contributor.author	Xidonas, P	en
dc.contributor.author	Mavrotas, G	en
dc.contributor.author	Krintas, T	en
dc.contributor.author	Askounis, D	en
dc.contributor.author	Mertzanis, C	en
dc.contributor.author	Psarras, J	en
dc.contributor.author	Zopounidis, C	en
dc.date.accessioned	2014-03-01T02:01:55Z
dc.date.available	2014-03-01T02:01:55Z
dc.date.issued	2011	en
dc.identifier.issn	17560047	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/29267
dc.subject	Corporate performance evaluation	en
dc.subject	Financial analysis	en
dc.subject	Greece	en
dc.subject	MCDM	en
dc.subject	Multiple criteria decision-making	en
dc.title	Corporate performance evaluation: A multicriteria methodology and an application on the athens stock exchange	en
heal.type	journalArticle	en
heal.identifier.primary	10.1504/IJBEX.2011.042904	en
heal.identifier.secondary	http://dx.doi.org/10.1504/IJBEX.2011.042904	en
heal.publicationDate	2011	en
heal.abstract	In this article, we present a multicriteria methodology for supporting decisions that concern the evaluation of the overall corporate performance of firms, on the basis of financial analysis. The methodology's key-characteristic is that the firms participate in the evaluation process are categorised in classes, with respect to their corresponding industry. In this way, the huge issue of competition between rival firms is fully taken into consideration, while unreasonable comparisons between them are excluded. Moreover, the crucial importance issue of accounting singularities between business sectors is also strongly taken into account. The evaluation of each class of firms is based on specialised criteria set which correspond to the specific accounting plan each company belongs in. The validity of the proposed methodology is tested through a large scale application on the Athens Stock Exchange. Finally, an elaborate review of the coherent research studies is also provided. ©2011 Inderscience Enterprises Ltd.	en
heal.journalName	International Journal of Business Excellence	en
dc.identifier.doi	10.1504/IJBEX.2011.042904	en
dc.identifier.volume	4	en
dc.identifier.issue	6	en
dc.identifier.spage	645	en
dc.identifier.epage	677	en