Measurement of Financial Efficiencies of the Trade Firms Listed on Istanbul Stock Exchange by Data Envelopment Analysis

International Research Journal of Finance and Economics, Issue 114, September 2013

12 Pages Posted: 11 Jul 2014

See all articles by Bayram Topal

Bayram Topal

Sakarya University

Hakan Tunahan

Sakarya University - Sakarya Business School

Ahmet Dizkırıcı

Sakarya University

Date Written: July 7, 2014

Abstract

The purpose of this study is to measure the financial efficiencies of the selected trade companies listed on Istanbul Stock Exchange for the 4-year period of 2009-2012 by using Data Envelopment Analysis (DEA) over the financial ratios. As a result of the analyses, efficient and inefficient companies are determined. In addition to that, the potential improvement values are calculated for the inefficient firms.

Keywords: Efficiency, Data Envelopment Analysis, Trade Sector

JEL Classification: G32, L25, L81

Suggested Citation

Topal, Bayram and Tunahan, Hakan and Dizkırıcı, Ahmet, Measurement of Financial Efficiencies of the Trade Firms Listed on Istanbul Stock Exchange by Data Envelopment Analysis (July 7, 2014). International Research Journal of Finance and Economics, Issue 114, September 2013, Available at SSRN: https://ssrn.com/abstract=2463204

Bayram Topal (Contact Author)

Sakarya University ( email )

Esentepe Campus
Sakarya, 54187
Turkey

Hakan Tunahan

Sakarya University - Sakarya Business School ( email )

Turkey

Ahmet Dizkırıcı

Sakarya University ( email )

Faculty of Management
Esentepe Campus
Sakarya, Serdivan 54187
Turkey
+902642956330 (Phone)

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