Financial Performance of Pension Companies Operating in Turkey with Topsis Analysis Method

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İşseveroğlu G., Sezer O.

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.