IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-031-81532-4_8.html
   My bibliography  Save this book chapter

Evaluation of Financial Performances of Tourism Business Traded on Borsa Istanbul (BIST)

Author

Listed:
  • Yahya Sönmez

    (Kastamonu University)

  • Mehmet Böyüközkök

    (Kastamonu University)

Abstract

In this study, the MARCOS method was used to evaluate the financial performance of businesses in the tourism sector. Based on the sources in the literature, financial ratios were used to calculate businesses’ financial structures and statements. The ENTROPY method was used to determine the weights of the criteria. The MARCOS method is a multi-criteria decision-making method used to evaluate the financial performance of businesses. This method obtains results by analyzing the relationship between existing alternatives and reference values. For the study period, financial data in 2022 was used on an annual basis. As a result of the study, it was concluded that the company with the best performance for 2022 among the businesses operating in the tourism sector is the company with the code MARTI. It has been determined that the company with the worst performance for 2022 is the company with the code MAALT.

Suggested Citation

  • Yahya Sönmez & Mehmet Böyüközkök, 2025. "Evaluation of Financial Performances of Tourism Business Traded on Borsa Istanbul (BIST)," Springer Proceedings in Business and Economics,, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-81532-4_8
    DOI: 10.1007/978-3-031-81532-4_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:prbchp:978-3-031-81532-4_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.