Fuzzy Approach in Ranking of Banks according to Financial Performances
2016
Аутори
Jaksić, MilenaMoljević, Slavisa
Aleksić, Aleksandar
Misita, Mirjana
Arsovski, Slavko
Tadić, Danijela
Mimović, Predrag
Чланак у часопису (Објављена верзија)
Метаподаци
Приказ свих података о документуАпстракт
Evaluating bank performance on a yearly basis and making comparison among banks in certain time intervals provide an insight into general financial state of banks and their relative position with respect to the environment (creditors, investors, and stakeholders). The aim of this study is to propose a new fuzzy multicriteria model to evaluate banks respecting relative importance of financial performances and their values. The relative importance of each pair of financial performance groups is assessed linguistic expressions which are modeled by triangular fuzzy numbers. Fuzzy Analytic Hierarchical Process (FAHP) is applied to determine relative weights of the financial performances. In order to rank the treated banks, new model based on Fuzzy Technique for Order Performance by Similarity to Ideal Solution (FTOPSIS) is deployed. The proposed model is illustrated by an example giving real life data from 12 banks having 80% share of the Serbian market. In order to verify the proposed FTOP...SIS different measures of separation are used. The presented solution enables the ranking of banks, gives an insight of bank's state to stakeholders, and provides base for successful improvement in a field of strategy quality in bank business.
Извор:
Mathematical Problems in Engineering, 2016, 2016Издавач:
- Hindawi Ltd, London
DOI: 10.1155/2016/6169586
ISSN: 1024-123X
WoS: 000379478500001
Scopus: 2-s2.0-84982844604
Колекције
Институција/група
Mašinski fakultetTY - JOUR AU - Jaksić, Milena AU - Moljević, Slavisa AU - Aleksić, Aleksandar AU - Misita, Mirjana AU - Arsovski, Slavko AU - Tadić, Danijela AU - Mimović, Predrag PY - 2016 UR - https://machinery.mas.bg.ac.rs/handle/123456789/2464 AB - Evaluating bank performance on a yearly basis and making comparison among banks in certain time intervals provide an insight into general financial state of banks and their relative position with respect to the environment (creditors, investors, and stakeholders). The aim of this study is to propose a new fuzzy multicriteria model to evaluate banks respecting relative importance of financial performances and their values. The relative importance of each pair of financial performance groups is assessed linguistic expressions which are modeled by triangular fuzzy numbers. Fuzzy Analytic Hierarchical Process (FAHP) is applied to determine relative weights of the financial performances. In order to rank the treated banks, new model based on Fuzzy Technique for Order Performance by Similarity to Ideal Solution (FTOPSIS) is deployed. The proposed model is illustrated by an example giving real life data from 12 banks having 80% share of the Serbian market. In order to verify the proposed FTOPSIS different measures of separation are used. The presented solution enables the ranking of banks, gives an insight of bank's state to stakeholders, and provides base for successful improvement in a field of strategy quality in bank business. PB - Hindawi Ltd, London T2 - Mathematical Problems in Engineering T1 - Fuzzy Approach in Ranking of Banks according to Financial Performances VL - 2016 DO - 10.1155/2016/6169586 ER -
@article{ author = "Jaksić, Milena and Moljević, Slavisa and Aleksić, Aleksandar and Misita, Mirjana and Arsovski, Slavko and Tadić, Danijela and Mimović, Predrag", year = "2016", abstract = "Evaluating bank performance on a yearly basis and making comparison among banks in certain time intervals provide an insight into general financial state of banks and their relative position with respect to the environment (creditors, investors, and stakeholders). The aim of this study is to propose a new fuzzy multicriteria model to evaluate banks respecting relative importance of financial performances and their values. The relative importance of each pair of financial performance groups is assessed linguistic expressions which are modeled by triangular fuzzy numbers. Fuzzy Analytic Hierarchical Process (FAHP) is applied to determine relative weights of the financial performances. In order to rank the treated banks, new model based on Fuzzy Technique for Order Performance by Similarity to Ideal Solution (FTOPSIS) is deployed. The proposed model is illustrated by an example giving real life data from 12 banks having 80% share of the Serbian market. In order to verify the proposed FTOPSIS different measures of separation are used. The presented solution enables the ranking of banks, gives an insight of bank's state to stakeholders, and provides base for successful improvement in a field of strategy quality in bank business.", publisher = "Hindawi Ltd, London", journal = "Mathematical Problems in Engineering", title = "Fuzzy Approach in Ranking of Banks according to Financial Performances", volume = "2016", doi = "10.1155/2016/6169586" }
Jaksić, M., Moljević, S., Aleksić, A., Misita, M., Arsovski, S., Tadić, D.,& Mimović, P.. (2016). Fuzzy Approach in Ranking of Banks according to Financial Performances. in Mathematical Problems in Engineering Hindawi Ltd, London., 2016. https://doi.org/10.1155/2016/6169586
Jaksić M, Moljević S, Aleksić A, Misita M, Arsovski S, Tadić D, Mimović P. Fuzzy Approach in Ranking of Banks according to Financial Performances. in Mathematical Problems in Engineering. 2016;2016. doi:10.1155/2016/6169586 .
Jaksić, Milena, Moljević, Slavisa, Aleksić, Aleksandar, Misita, Mirjana, Arsovski, Slavko, Tadić, Danijela, Mimović, Predrag, "Fuzzy Approach in Ranking of Banks according to Financial Performances" in Mathematical Problems in Engineering, 2016 (2016), https://doi.org/10.1155/2016/6169586 . .