IDEAS home Printed from https://ideas.repec.org/a/ids/ijicbm/v36y2025i2p243-284.html
   My bibliography  Save this article

Evaluating stock performance and governance in commercial banks: a decision analytics perspective

Author

Listed:
  • Vinay Kumar Shaw
  • Sanjib Biswas
  • Gautam Bandyopadhyay
  • Prasenjit Chatterjee

Abstract

This paper aims to conduct a comparative assessment of stock performance and governance in leading commercial banks, while exploring the link between the two. The study utilises an integrated multi-criteria decision making (MCDM) framework, combining logarithmic percentage change-driven objective weighting (LOPCOW) and compromise ranking of alternatives from distance to ideal solution (CRADIS) for a period of ten consecutive financial years from 2010-2011 to 2019-2020. The Borda count method is employed to aggregate ranking results across different years. The findings indicate that private sector banks outperformed their public sector counterparts in terms of stock performance and governance. Furthermore, a significant positive association between stock performance and governance is observed. A comparative analysis with different MCDM methods and a sensitivity analysis have been done to ensure solution stability and reliability. Overall, this study provides decision makers with a comprehensive and objective measurement of stock performance and governance of banks across multiple periods.

Suggested Citation

  • Vinay Kumar Shaw & Sanjib Biswas & Gautam Bandyopadhyay & Prasenjit Chatterjee, 2025. "Evaluating stock performance and governance in commercial banks: a decision analytics perspective," International Journal of Indian Culture and Business Management, Inderscience Enterprises Ltd, vol. 36(2), pages 243-284.
    • Handle: RePEc:ids:ijicbm:v:36:y:2025:i:2:p:243-284
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=148925
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    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:ids:ijicbm:v:36:y:2025:i:2:p:243-284. 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: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=235 .

    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.