Business & Management Studies: An International Journal

Business & Management Studies: An International Journal

PERFORMANCE EVALUATION AND DISTRESS PREDICTION FOR EFFECTIVE RISK MANAGEMENT IN FINANCE SECTOR: AN INTEGRATED DECISION MAKING PROCEDURE

Yazarlar: Hasan SELİM, Şebnem Yılmaz BALAMAN

Cilt 5 , Sayı 1 , 2017 , Sayfalar 58-94

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Özet: Considering its important role in the socio-economic status of the developing countries, finance sector, which is one of the core components of the service sector, is the focus of this study. The main drivers of this study are, to explore the most significant factors influencing the performance of the financial institutions in a risky environment, to evaluate the economic and financial performances using the selected factors and predict the future distress/bankruptcy possibility of the institutions by a comparative analysis employing a quantitative three-step decision making procedure. To explore the viability of the proposed approach, an up-to-date and comprehensive application on commercial banks operating in Turkish Banking sector is presented by using a wide range of financial ratios. To this aim, 44 commercial banks operating in Turkish financial sector are assessed as healthy and non-healthy by using 57 selected fundamental financial ratios to provide a comprehensive insight to the bank managers, investors, government units and rating agencies to predict the financial performances of banks and make related decisions when a risky socio-economic environment is a matter of a country.


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BibTex
KOPYALA
@article{2017, title={PERFORMANCE EVALUATION AND DISTRESS PREDICTION FOR EFFECTIVE RISK MANAGEMENT IN FINANCE SECTOR: AN INTEGRATED DECISION MAKING PROCEDURE}, volume={5}, number={58–94}, publisher={Business & Management Studies}, author={Hasan SELİM, Şebnem Yılmaz BALAMAN}, year={2017} }
APA
KOPYALA
Hasan SELİM, Şebnem Yılmaz BALAMAN. (2017). PERFORMANCE EVALUATION AND DISTRESS PREDICTION FOR EFFECTIVE RISK MANAGEMENT IN FINANCE SECTOR: AN INTEGRATED DECISION MAKING PROCEDURE (Vol. 5). Vol. 5. Business & Management Studies.
MLA
KOPYALA
Hasan SELİM, Şebnem Yılmaz BALAMAN. PERFORMANCE EVALUATION AND DISTRESS PREDICTION FOR EFFECTIVE RISK MANAGEMENT IN FINANCE SECTOR: AN INTEGRATED DECISION MAKING PROCEDURE. no. 58–94, Business & Management Studies, 2017.