Examination of Financial Performance of Manufacturing Sector Companies in the BIST Participation Sustainability Index by MEREC and COBRA Methods
| dc.contributor.author | Vatansever, Kemal | |
| dc.contributor.author | , Tuba | |
| dc.date.accessioned | 2026-01-24T12:01:04Z | |
| dc.date.available | 2026-01-24T12:01:04Z | |
| dc.date.issued | 2025 | |
| dc.department | Alanya Alaaddin Keykubat Üniversitesi | |
| dc.description.abstract | Measuring corporate financial performance is crucial for maintaining competitive advantage, achieving profitability targets, and ensuring business continuity. The primary aim of this study is to evaluate the financial performance of manufacturing companies listed in the Borsa İstanbul (BIST) Participation Sustainability Index (XSRDK) between 2018 and 2023 by employing the multi- criteria decision-making (MCDM) methods MEREC and COBRA. The dataset consists of 13 manufacturing firms included in the index and eight financial ratios used as evaluation criteria. In the analysis, the MEREC method was applied to determine the weights of the criteria, while the COBRA method was used to rank the firms. A sensitivity analysis was conducted to assess the robustness of the results. Comparisons with alternative MCDM methods and weighting approaches revealed strong correlations across the yearly rankings, supporting the consistency and reliability of the proposed MEREC-COBRA approach in financial performance evaluation. | |
| dc.identifier.doi | 10.30784/epfad.1677702 | |
| dc.identifier.endpage | 304 | |
| dc.identifier.issn | 2587-151X | |
| dc.identifier.issue | Özel Sayı | |
| dc.identifier.startpage | 275 | |
| dc.identifier.trdizinid | 1360903 | |
| dc.identifier.uri | https://search.trdizin.gov.tr/tr/yayin/detay/1360903 | |
| dc.identifier.uri | https://doi.org/10.30784/epfad.1677702 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12868/3976 | |
| dc.identifier.volume | 10 | |
| dc.indekslendigikaynak | TR-Dizin | |
| dc.language.iso | en | |
| dc.relation.ispartof | Ekonomi, Politika & Finans Araştırmaları Dergisi | |
| dc.relation.publicationcategory | Makale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı | |
| dc.rights | info:eu-repo/semantics/openAccess | |
| dc.snmz | KA_TR-Dizin_20260121 | |
| dc.subject | Manufacturing Sector | |
| dc.subject | Multi-Criteria Decision Making | |
| dc.subject | Financial Performance | |
| dc.subject | MEREC | |
| dc.subject | COBRA | |
| dc.subject | Participation Sustainability Index | |
| dc.title | Examination of Financial Performance of Manufacturing Sector Companies in the BIST Participation Sustainability Index by MEREC and COBRA Methods | |
| dc.type | Article |












