Evaluation of the Financial Performance of the Construction Sector with the Entropy Based Topsis Method

Öznur Doğan; Özlem Doğan

Makale detayları

Evaluation of the Financial Performance of the Construction Sector with the Entropy Based Topsis Method

Yazarlar:

Öznur Doğan | Özlem Doğan

Yayıncı:

Selcuk University

Ana Başlıklar:

Finansal Muhasebe | Muhasebe | Denetim ve Mali Sorumluluk (Diğer)

Dergi:

Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi Issue 52, pp.1-18

Belge Tipi:

Makale

Yayın Tarihi:

12/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001307145

pISSN:

2667-4750

Anahtar kelimeler:

Özet:

 The construction sector is one of the most important tools used in economic growth in developing countries such as Turkey. Since it is a labor-intensive sector, its impact on employment is significant. In addition, since it is a sector with the most intense inter-sectorial relations and it affects other sectors, it is a leader in the economy due to its share in GDP. The fact that the sector has such an impact on the countrys economy necessitates the continuity and follow-up of its financial performance. In the study, the financial performance of the construction sector between 2011 and 2020 was analyzed with the Entropy-based Topsis method. In the analysis, financial ratios obtained from the sector balance sheets published by the Central Bank of the Republic of Turkey were used. As a result of the analysis, 2012 was determined as the year in which the construction sector had the highest financial performance. By years, this ranking is followed by 2013, 2014, 2020, 2019, 2015, 2011, 2017 and 2016. The lowest performance occurred in 2018, when the increases in exchange rates took place. Recession and economic fluctuations in country, such as fluctuations in exchange rates and interest rates, inflation and investments directly affect the construction sector.

 The construction sector is one of the most important tools used in economic growth in developing countries such as Turkey. Since it is a labor-intensive sector, its impact on employment is significant. In addition, since it is a sector with the most intense inter-sectorial relations and it affects other sectors, it is a leader in the economy due to its share in GDP. The fact that the sector has such an impact on the countrys economy necessitates the continuity and follow-up of its financial performance. In the study, the financial performance of the construction sector between 2011 and 2020 was analyzed with the Entropy-based Topsis method. In the analysis, financial ratios obtained from the sector balance sheets published by the Central Bank of the Republic of Turkey were used. As a result of the analysis, 2012 was determined as the year in which the construction sector had the highest financial performance. By years, this ranking is followed by 2013, 2014, 2020, 2019, 2015, 2011, 2017 and 2016. The lowest performance occurred in 2018, when the increases in exchange rates took place. Recession and economic fluctuations in country, such as fluctuations in exchange rates and interest rates, inflation and investments directly affect the construction sector.

 The construction sector is one of the most important tools used in economic growth in developing countries such as Turkey. Since it is a labor-intensive sector, its impact on employment is significant. In addition, since it is a sector with the most intense inter-sectorial relations and it affects other sectors, it is a leader in the economy due to its share in GDP. The fact that the sector has such an impact on the countrys economy necessitates the continuity and follow-up of its financial performance. In the study, the financial performance of the construction sector between 2011 and 2020 was analyzed with the Entropy-based Topsis method. In the analysis, financial ratios obtained from the sector balance sheets published by the Central Bank of the Republic of Turkey were used. As a result of the analysis, 2012 was determined as the year in which the construction sector had the highest financial performance. By years, this ranking is followed by 2013, 2014, 2020, 2019, 2015, 2011, 2017 and 2016. The lowest performance occurred in 2018, when the increases in exchange rates took place. Recession and economic fluctuations in country, such as fluctuations in exchange rates and interest rates, inflation and investments directly affect the construction sector.

 İnşaat sektörü, Türkiye gibi gelişmekte olan ülkelerde ekonomik kalkınmada kullanılan en önemli araçlardan biridir. Emek yoğun bir sektör olmasından dolayı istihdam üzerindeki etkisi önemli düzeydedir. Ayrıca sektörler arası ilişkilerin en yoğun olduğu bir sektör olması ve diğer sektörleri de etkilemesinden dolayı, GSYİH üzerindeki payı nedeniyle ekonomide lider konumdadır. Sektörün ülke ekonomisi üzerinde bu denli etkisinin olması, finansal performansının devamlılığını ve takibini zorunlu kılmaktadır. Çalışmada, inşaat sektörünün 2011-2020 yılları arasındaki finansal performansı Entropi tabanlı Topsis yöntemi ile analiz edilmiştir. Analizde, Türkiye Cumhuriyeti Merkez Bankasının yayımladığı sektör bilançolarından elde edilen finansal oranlar kullanılmıştır. Analiz sonucunda inşaat sektörünün en yüksek finansal performansa sahip olduğu yıl, 2012 yılı olarak tespit edilmiştir. Yıllar itibariyle bu sıralamayı 2013, 2014, 2020, 2019, 2015, 2011, 2017 ve 2016 yılları takip etmektedir. En düşük performans, döviz kurlarındaki artışların gerçekleştiği 2018 yılında gerçekleşmiştir. Döviz kurlarında ve faiz oranlarındaki dalgalanmalar, enflasyon ve yapılan yatırımlar gibi ülkedeki durgunluk ve ekonomik dalgalanmalar inşaat sektörünü doğrudan etkilemektedir.

Makale detayları

Evaluation of the Financial Performance of the Construction Sector with the Entropy Based Topsis Method

Yazarlar:

Öznur Doğan | Özlem Doğan

Yayıncı:

Selcuk University

Ana Başlıklar:

Finansal Muhasebe | Muhasebe | Denetim ve Mali Sorumluluk (Diğer)

Dergi:

Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi Issue 52, pp.1-18

Belge Tipi:

Makale

Yayın Tarihi:

12/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001307145

pISSN:

2667-4750

Financial Performance

Financial Ratios

Central Bank Sector Balance Sheets

Construction SectorFinansal Performans

Finansal Oranlar

Merkez Bankası Sektör Bilançoları

İnşaat Sektörü

Sayı

Makale detayları

Yazarlar: Öznur Doğan | Özlem Doğan

Yayıncı: Selcuk University

Ana Başlıklar: Finansal Muhasebe | Muhasebe | Denetim ve Mali Sorumluluk (Diğer)

Dergi: Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi Issue 52, pp.1-18

Belge Tipi: Makale

Yayın Tarihi: 12/2023

Belge Dili: Türkçe

Document ID (Org No.): 2001307145

pISSN: 2667-4750

Sayı

Yazarlar:

Öznur Doğan | Özlem Doğan

Yayıncı:

Selcuk University

Ana Başlıklar:

Finansal Muhasebe | Muhasebe | Denetim ve Mali Sorumluluk (Diğer)

Dergi:

Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi Issue 52, pp.1-18

Belge Tipi:

Makale

Yayın Tarihi:

12/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001307145

pISSN:

2667-4750