International Journal of Academic Research in Accounting, Finance and Management Sciences, vol.5, no.1, pp.137-147, 2015 (Peer-Reviewed Journal)
In this study, financial performances of the companies were analyzed by TOPSIS method via using
financial tables of the sixteen pension and life-pension companies. Firstly, financial ratios which are one
of the important indicators for the financial power of companies were determined and calculated for each
company separately. Calculated ratios converted to demonstrate of company performance unique point
by using TOPSIS method. Companies have sorted according to their calculated performance scores.
Financial performance assessment was performed for five terms included in 2008-2012 period and
obtained results were compared. Consequently found that, performance scores of the pension companies
generally weren't changed during analyze period.