Determination of Financial Failure Indicators by Gray Relational Analysis and Application of Data Envelopment Analysis and Logistic Regression Analysis in BIST 100 Index

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

Nurcan Ebru; Koksal Can Deniz

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: Interdisciplinary Journal of Management Studies Year:2021 | Volume:14 | Issue:1 Page(s): 163-187

Download Full-Text

Persian Verion

View:

363

Download:

136

Cites:

Information Journal Paper

Title

Determination of Financial Failure Indicators by Gray Relational Analysis and Application of Data Envelopment Analysis and Logistic Regression Analysis in BIST 100 Index

Author(s)

Nurcan Ebru | Koksal Can Deniz | Issue Writer Certificate

Keywords

Financial failureQ1

Gray relational analysisQ1

Data envelopment analysisQ1

Logistic regressionQ2

Abstract

Financial failure prediction models have been developed by using Logistic regression (LR) analysis from traditional statistical methods and Data envelopment analysis (DEA), which is a mathematically based nonparametric method over the financial reports of the companies traded in The Istanbul Stock Exchange National 100 Index (BIST 100) between the years 2014-2016. In the development of these models, the variables included in the model are as important as the method applied. For this reason, the Gray relational analysis method has been considered in determining the indicators that affect the financial situation of the companies. As a result of the analysis, it was determined that the LR model, which is one of the prediction models, has a higher rate of prediction power than the Data envelopment analysis in predicting the Financial failure of the companies. However, DEA is also an easy and fast method for predicting Financial failures, and is recommended to companies on the indicators that they need to improve in order to be successful. As a result of the study, it has been found that both methods are feasible in the prediction of Financial failure, but these methods also have different advantages and disadvantages.

Cites

No record.

References

No record.

Cite

APA: Copy

Nurcan, Ebru, & Koksal, Can Deniz. (2021). Determination of Financial Failure Indicators by Gray Relational Analysis and Application of Data Envelopment Analysis and Logistic Regression Analysis in BIST 100 Index. IRANIAN JOURNAL OF MANAGEMENT STUDIES, 14(1 ), 163-187. SID. https://sid.ir/paper/370176/en

Vancouver: Copy

Nurcan Ebru, Koksal Can Deniz. Determination of Financial Failure Indicators by Gray Relational Analysis and Application of Data Envelopment Analysis and Logistic Regression Analysis in BIST 100 Index. IRANIAN JOURNAL OF MANAGEMENT STUDIES[Internet]. 2021;14(1 ):163-187. Available from: https://sid.ir/paper/370176/en

IEEE: Copy

Ebru Nurcan, and Can Deniz Koksal, “Determination of Financial Failure Indicators by Gray Relational Analysis and Application of Data Envelopment Analysis and Logistic Regression Analysis in BIST 100 Index,” IRANIAN JOURNAL OF MANAGEMENT STUDIES, vol. 14, no. 1 , pp. 163–187, 2021, [Online]. Available: https://sid.ir/paper/370176/en

Related Journal Papers