Investigation of Financial Efficiency of BIST Food, Beverage and Tobacco Industry Businesses by DEA and Fuzzy DEA

Hakan Yılmaz

Makale detayları

Investigation of Financial Efficiency of BIST Food, Beverage and Tobacco Industry Businesses by DEA and Fuzzy DEA

Yazarlar:

Hakan Yılmaz

Yayıncı:

Ataturk University

Ana Başlıklar:

Ekonomi | İşletme

Dergi:

Trends in Business and Economics Vol.37 Issue 1, pp.35-45

Belge Tipi:

Makale

Yayın Tarihi:

1/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001282804

pISSN:

2822-2652

Anahtar kelimeler:

Özet:

 Globalization, technological changes, competitive conditions, and crises lead businesses to use their resources effectively. Businesses, which have to grow and develop continuously, need a suc-cessful evaluation of efficiency in order to achieve their goals and to gain an advantage over their competitors. In this direction, it is aimed to evaluate the financial activities of 26 businesses oper-ating in the BIST food, beverage, and tobacco sector between the years 2018 and 2020, using the DEA CCR and fuzzy DEA CCR methods with 6 input and 3 output ratios. In the research, it was aimed to determine the efficiency values of the enterprises with the classical DEA method and to calculate them with the fuzzy DEA method according to different alpha levels, so that the methods complement each other and reach more consistent results. Since the food sector is important for the national economy, the DEA method used in the analysis part is suitable for effi-ciency measurement, and the fuzzy DEA method is used in very few studies related to the sector, especially in Turkey, the relevant sector and analysis methods have been preferred. As a result of the study, according to DEA, in 2018, 16 enterprises, 17 enterprises in 2019, and 20 enterprises in 2020 were active. However, as a result of fuzzy DEA, it was understood that the enterprises with the highest efficiency were VANGD and KNFRT, and the enterprises with the lowest efficiency were KERVT and ULUUN.

 Globalization, technological changes, competitive conditions, and crises lead businesses to use their resources effectively. Businesses, which have to grow and develop continuously, need a suc-cessful evaluation of efficiency in order to achieve their goals and to gain an advantage over their competitors. In this direction, it is aimed to evaluate the financial activities of 26 businesses oper-ating in the BIST food, beverage, and tobacco sector between the years 2018 and 2020, using the DEA CCR and fuzzy DEA CCR methods with 6 input and 3 output ratios. In the research, it was aimed to determine the efficiency values of the enterprises with the classical DEA method and to calculate them with the fuzzy DEA method according to different alpha levels, so that the methods complement each other and reach more consistent results. Since the food sector is important for the national economy, the DEA method used in the analysis part is suitable for effi-ciency measurement, and the fuzzy DEA method is used in very few studies related to the sector, especially in Turkey, the relevant sector and analysis methods have been preferred. As a result of the study, according to DEA, in 2018, 16 enterprises, 17 enterprises in 2019, and 20 enterprises in 2020 were active. However, as a result of fuzzy DEA, it was understood that the enterprises with the highest efficiency were VANGD and KNFRT, and the enterprises with the lowest efficiency were KERVT and ULUUN.

 Globalization, technological changes, competitive conditions, and crises lead businesses to use their resources effectively. Businesses, which have to grow and develop continuously, need a suc-cessful evaluation of efficiency in order to achieve their goals and to gain an advantage over their competitors. In this direction, it is aimed to evaluate the financial activities of 26 businesses oper-ating in the BIST food, beverage, and tobacco sector between the years 2018 and 2020, using the DEA CCR and fuzzy DEA CCR methods with 6 input and 3 output ratios. In the research, it was aimed to determine the efficiency values of the enterprises with the classical DEA method and to calculate them with the fuzzy DEA method according to different alpha levels, so that the methods complement each other and reach more consistent results. Since the food sector is important for the national economy, the DEA method used in the analysis part is suitable for effi-ciency measurement, and the fuzzy DEA method is used in very few studies related to the sector, especially in Turkey, the relevant sector and analysis methods have been preferred. As a result of the study, according to DEA, in 2018, 16 enterprises, 17 enterprises in 2019, and 20 enterprises in 2020 were active. However, as a result of fuzzy DEA, it was understood that the enterprises with the highest efficiency were VANGD and KNFRT, and the enterprises with the lowest efficiency were KERVT and ULUUN.

 Küreselleşme, teknolojik değişmeler, rekabet koşulları ve krizler, işletmeleri kaynaklarını etkin kullanmaya yöneltmektedir. Sürekli olarak büyümek ve gelişmek durumunda olan işletme-ler, hedeflerine ulaşabilmek ve rakiplerine üstünlük sağlayabilmek amacıyla, başarılı bir etkinlik değerlendirmesine ihtiyaç duymaktadır. Bu doğrultuda çalışmada BIST gıda, içecek ve tütün sek-töründe faaliyet gösteren 26 işletmenin, 20182020 yılları arası finansal etkinlikleri, 6 girdi ve 3 çıktı oranı ile VZA CCR ve bulanık VZA CCR yöntemleri kullanılarak değerlendirilmesi amaçlanmış-tır. Araştırmada işletmelerin etkinlik değerlerinin hem klasik VZA yöntemiyle belirlenmesi hem de farklı alfa seviyelerine göre bulanık VZA yöntemiyle hesaplanması ile yöntemlerin birbirilerini tamamlaması ve daha tutarlı sonuçlara ulaşması hedeflenmiştir. Gıda sektörünün ülke ekono-mileri için önemli olması, analiz kısmında kullanılan VZA yönteminin etkinlik ölçümünde elverişli bulunması ve bulanık VZA yönteminin, özellikle Türkiyede sektörle ilgili çok az çalışmada kullanıl-ması nedeniyle, ilgili sektör ve analiz yöntemleri tercih edilmiştir. Çalışma sonucunda VZAya göre; 2018 yılında 16 işletme, 2019 yılında 17 işletme ve 2020 yılında 20 işletme etkin bulunmuştur. Bununla birlikte bulanık VZA sonucunda en yüksek etkinliğe sahip olan işletmelerin VANGD ve KNFRT olduğu ve en düşük etkinliğe sahip olan işletmelerin KERVT ve ULUUN olduğu anlaşılmıştır.

Makale detayları

Investigation of Financial Efficiency of BIST Food, Beverage and Tobacco Industry Businesses by DEA and Fuzzy DEA

Yazarlar:

Hakan Yılmaz

Yayıncı:

Ataturk University

Ana Başlıklar:

Ekonomi | İşletme

Dergi:

Trends in Business and Economics Vol.37 Issue 1, pp.35-45

Belge Tipi:

Makale

Yayın Tarihi:

1/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001282804

pISSN:

2822-2652

Finansal Etkinlik

Gıda Sektörü

VZA

Bulanık VZA

DEA

financial efficiency

food ındustry

fuzzy DEA

Finansal Etkinlik

Gıda Sektörü

VZA

Bulanık VZA

DEA

financial efficiency

food ındustry

fuzzy DEA

Sayı

Makale detayları

Yazarlar: Hakan Yılmaz

Yayıncı: Ataturk University

Ana Başlıklar: Ekonomi | İşletme

Dergi: Trends in Business and Economics Vol.37 Issue 1, pp.35-45

Belge Tipi: Makale

Yayın Tarihi: 1/2023

Belge Dili: Türkçe

Document ID (Org No.): 2001282804

pISSN: 2822-2652

Sayı

Yazarlar:

Hakan Yılmaz

Yayıncı:

Ataturk University

Ana Başlıklar:

Ekonomi | İşletme

Dergi:

Trends in Business and Economics Vol.37 Issue 1, pp.35-45

Belge Tipi:

Makale

Yayın Tarihi:

1/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001282804

pISSN:

2822-2652