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Comparing the performance of Turkish deposit banks by using DEMATEL, Grey Relational Analysis (GRA) and MOORA approaches

Author

Listed:
  • Serhat Yuksel

    (Istanbul Medipol University, School of Business and Management)

  • Hasan Dincer

    (Istanbul Medipol University, School of Business and Management)

  • Senol Emir

    (Istanbul University, Department of Econometrics)

Abstract

The purpose of the study is to measure the financial performance in Turkish banking sector and to combine the data mining with the multi-criteria decision-making methods. For this purpose, a text-mining process is applied to measure the pairwise comparison of the criteria and the results are used in the integrated models. DEMATEL-GRA and DEMATEL-MOORA are defined as two integrated models. The results show that integrated models give the coherent outcomes and the text-mining process could be adapted properly in the multi-criteria decision-making methods. It is also concluded that foreign banks have better performance in comparison with state and private banks.

Suggested Citation

  • Serhat Yuksel & Hasan Dincer & Senol Emir, 2017. "Comparing the performance of Turkish deposit banks by using DEMATEL, Grey Relational Analysis (GRA) and MOORA approaches," World Journal of Applied Economics, WERI-World Economic Research Institute, vol. 3(2), pages 26-47, December.
    • Handle: RePEc:ana:journl:v:3:y:2017:i:2:p:26-47
    DOI: 10.22440/wjae.3.2.2
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    Cited by:

    1. Hasan Dinçer & Serhat Yüksel & Fatih Pınarbaşı & Mehmet Ali Alhan, 2020. "Risky Financial Assets in Financial Integration and the Impacts of Derivatives on Banking Returns," World Scientific Book Chapters, in: Stéphane Goutte & Khaled Guesmi (ed.), Risk Factors and Contagion in Commodity Markets and Stocks Markets, chapter 6, pages 133-159, World Scientific Publishing Co. Pte. Ltd..
    2. Li, Xiangrong & Zhu, Shaoying & Yüksel, Serhat & Dinçer, Hasan & Ubay, Gözde Gülseven, 2020. "Kano-based mapping of innovation strategies for renewable energy alternatives using hybrid interval type-2 fuzzy decision-making approach," Energy, Elsevier, vol. 211(C).
    3. Dubey, Nistha & Tanksale, Ajinkya, 2022. "A study of barriers for adoption and growth of food banks in India using hybrid DEMATEL and Analytic Network Process," Socio-Economic Planning Sciences, Elsevier, vol. 79(C).

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    More about this item

    Keywords

    Turkish Banking Sector; GRA; DEMATEL; MOORA;
    All these keywords.

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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