@article{2020,title={Financial Performance Evaluation By Multi-Criteria Decision Making Methods: An Implimentation in The Field of Transportation},abstractNode={The evaluation of business enterprises' performance is of great importance in order to maintain its existence and continue their activities in the future. One of the most important performance indicators in businesses is financial performance. The aim of this study is to evaluate the financial performance of " Istanbul Bus Companies Trade Inc. " (Otobüs AS/ Bus Inc.) which has been active in the field of public transportation in Istanbul since 2007. For this purpose, firstly, the literature was searched to determine the variables used in the evaluation of financial performance by multi-criteria decision making methods. As a result of literature review, widely used criteria for evaluating the financial performance of firms have emerged and used in analysis. These criteria are “current ratio”, “liquidity ratio / acid test ratio”, “cash ratio”, “asset turnover rate”, “accounts receivables turnover rate”, “equity turnover rate = net sales / equity”, “total debt ratio ”,“ debt / equity ratio ”,“ short term debt / total asset ratio ”,“ short term debt / total debt ratio ”,“ equity / total assets ”,“ net profit / net sales ”, return on assets ratio ”, and“ return on equity ratio”. CRITIC and TOPSIS methods were used in the analysis with 2011-2018 era data. The importance degree (weights) of the criteria used in the analyzes was determined by using the CRITIC method, which allows objective determination. As a result of the analyzes performed by the TOPSIS method by using these criterion weights obtained, Bus Inc.`s financial performance based rankings have been made according to years. According to the CRITIC-weighted TOPSIS method, Bus Inc. has the highest financial performance in 2014.},author={Mehmet ORHAN-Hakan ALTIN - Mehmet AYTEKİN},year={2020},journal={Turkish Studies-Economics,Finance,Politics}}