Nowadays, liveliness and rapid maintenance of the development process of the companies are dependent on the accurate and complete understanding of the merits of the financial activities. Since these merits are relative concepts that are based on comparisons, lists of ranking and comparison of industries with each other act as useful signposts for managers, politicians, and investors. The point of importance is the ranking model, ranking criteria and appropriate mathematical techniques for ranking. Ranking of stock exchange is performed through usual procedures and so far there has not been a comprehensive technique to recognize superior companies in Tehran stock exchange. In this study, Tehran stock exchange companies are ranked through MCDM methods such as: TOPSIS, ELECTRE, SAW, VIKOR, LINMAP, TAXONOMY, and DEA technique. Regarding the differences among the rankings, the final ranking of the companies is calculated with the use of mixed methods and a conceptual algorithm is ultimately advised.
Anvary Rostamy, A. A., Hoseinian, S., & Rezaei Asl, M. (2012). Financial Ranking of Firms Listed in Tehran Stock Exchange Corporations Using MADM and Mixed Methods. Financial Research Journal, 14(1), 31-54. doi: 10.22059/jfr.2012.36632
MLA
Ali Asghar Anvary Rostamy; Shahamat Hoseinian; Morteza Rezaei Asl. "Financial Ranking of Firms Listed in Tehran Stock Exchange Corporations Using MADM and Mixed Methods", Financial Research Journal, 14, 1, 2012, 31-54. doi: 10.22059/jfr.2012.36632
HARVARD
Anvary Rostamy, A. A., Hoseinian, S., Rezaei Asl, M. (2012). 'Financial Ranking of Firms Listed in Tehran Stock Exchange Corporations Using MADM and Mixed Methods', Financial Research Journal, 14(1), pp. 31-54. doi: 10.22059/jfr.2012.36632
VANCOUVER
Anvary Rostamy, A. A., Hoseinian, S., Rezaei Asl, M. Financial Ranking of Firms Listed in Tehran Stock Exchange Corporations Using MADM and Mixed Methods. Financial Research Journal, 2012; 14(1): 31-54. doi: 10.22059/jfr.2012.36632