Data Envelopment Analysis and Efficiency of Firms: A Goal Programming Approach
Purpose: Using the data envelopment analysis method to determine the most efficient companies on the Tehran Stock Exchange. Methodology: In this study, three industries- banking, petrochemical, and pharmaceutical- were studied to determine efficient companies. Then, using the ideal planning method,...
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| Format: | Article |
| Language: | fas |
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Ayandegan Institute of Higher Education, Tonekabon,
2020-05-01
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| Series: | مدیریت نوآوری و راهبردهای عملیاتی |
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| Online Access: | http://www.journal-imos.ir/article_122018_0115baf0d190bac73f5f95130c185155.pdf |
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| _version_ | 1832577788428681216 |
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| author | Seyyed Ahmad Edalatpanah Ramin Godarzi Karim Bardia Khalilian Sara Partouvi |
| author_facet | Seyyed Ahmad Edalatpanah Ramin Godarzi Karim Bardia Khalilian Sara Partouvi |
| author_sort | Seyyed Ahmad Edalatpanah |
| collection | DOAJ |
| description | Purpose: Using the data envelopment analysis method to determine the most efficient companies on the Tehran Stock Exchange. Methodology: In this study, three industries- banking, petrochemical, and pharmaceutical- were studied to determine efficient companies. Then, using the ideal planning method, the investment percentage of each company's share in the portfolio is calculated. This method adds the return and share risk as model variables and with another liquidity variable to them. Findings: The results showed that after ranking the companies, their sensitivity can be analyzed by determining the weaknesses and recognizing the impact of variables to increase the efficiency of companies. Originality/Value: Using the portfolio of efficient companies for investment leads to reducing investment risk and choosing the right portfolio. |
| format | Article |
| id | doaj-art-10dad4501fd24e85805f4509823e9514 |
| institution | Kabale University |
| issn | 2783-1345 2717-4581 |
| language | fas |
| publishDate | 2020-05-01 |
| publisher | Ayandegan Institute of Higher Education, Tonekabon, |
| record_format | Article |
| series | مدیریت نوآوری و راهبردهای عملیاتی |
| spelling | doaj-art-10dad4501fd24e85805f4509823e95142025-01-30T14:59:01ZfasAyandegan Institute of Higher Education, Tonekabon,مدیریت نوآوری و راهبردهای عملیاتی2783-13452717-45812020-05-011111610.22105/imos.2021.266007.1024122018Data Envelopment Analysis and Efficiency of Firms: A Goal Programming ApproachSeyyed Ahmad Edalatpanah0Ramin Godarzi Karim1Bardia Khalilian2Sara Partouvi3Department of Applied Mathematics, Ayandegan Institute of Higher Education, Tonekabon, Iran.Department of Mathematics, University of Alabama at Birmingham, Birmingham, USADepartment of Management and International Business (MIB), University of Auckland, New ZealandSchool of Management & Marketing, Taylor’s University, Malaysia.Purpose: Using the data envelopment analysis method to determine the most efficient companies on the Tehran Stock Exchange. Methodology: In this study, three industries- banking, petrochemical, and pharmaceutical- were studied to determine efficient companies. Then, using the ideal planning method, the investment percentage of each company's share in the portfolio is calculated. This method adds the return and share risk as model variables and with another liquidity variable to them. Findings: The results showed that after ranking the companies, their sensitivity can be analyzed by determining the weaknesses and recognizing the impact of variables to increase the efficiency of companies. Originality/Value: Using the portfolio of efficient companies for investment leads to reducing investment risk and choosing the right portfolio.http://www.journal-imos.ir/article_122018_0115baf0d190bac73f5f95130c185155.pdfdata envelopment analysisefficiency of firmsgoal programing |
| spellingShingle | Seyyed Ahmad Edalatpanah Ramin Godarzi Karim Bardia Khalilian Sara Partouvi Data Envelopment Analysis and Efficiency of Firms: A Goal Programming Approach مدیریت نوآوری و راهبردهای عملیاتی data envelopment analysis efficiency of firms goal programing |
| title | Data Envelopment Analysis and Efficiency of Firms: A Goal Programming Approach |
| title_full | Data Envelopment Analysis and Efficiency of Firms: A Goal Programming Approach |
| title_fullStr | Data Envelopment Analysis and Efficiency of Firms: A Goal Programming Approach |
| title_full_unstemmed | Data Envelopment Analysis and Efficiency of Firms: A Goal Programming Approach |
| title_short | Data Envelopment Analysis and Efficiency of Firms: A Goal Programming Approach |
| title_sort | data envelopment analysis and efficiency of firms a goal programming approach |
| topic | data envelopment analysis efficiency of firms goal programing |
| url | http://www.journal-imos.ir/article_122018_0115baf0d190bac73f5f95130c185155.pdf |
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