Firm efficiency model based on financial efficiency: DEMATEL-FANP combination technique

Document Type : Research Paper

Authors

1 Department of Accounting, Faculty of Humanities, Bonab branch, Islamic Azad University, Bonab, Iran

2 Assistant Professor, Department of Accounting,Faculty of Humanities, Bonab branch, Islamic Azad University, Bonab, Iran

3 Associate Professor, Department of Accounting, Faculty of Humanities, Bonab branch, Islamic Azad University , Bonab, Iran

Abstract

Purpose:Company stability based on financial efficiency means maximizing the value of the company with its highest growth rate. Therefore, the purpose of the present study is a firm sustainability model based on financial efficiency model based on DEMATEL-FANP combination technique.technique.
Methodology: In line with the purpose of the research, the data of 91 companies listed on the Tehran Stock Exchange during the period 91 to 97 were collected and the variables and indicators were analyzed using Demetel and fuzzy ANP techniques.
Findings: Research findings show that among the variables, asset management and efficiency; And among the secondary indicators, operating cycle and accounts receivable cycle and operating profit ratio are of the highest importance in evaluating financial efficiency and optimization from the perspective of company sustainability.
Conclusion: The results of the combined Demitel and fuzzy ANP techniques show that asset management is the most important factor in evaluating financial efficiency and optimizing it from a company sustainability perspective.
Contribution: The application of sustainability leads to the theoretical development of sustainability theories in the company based on financial efficiency.

Keywords

References

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Journal of Accounting and Social Interests
Volume 12, Issue 3 - Serial Number 46
September 2022
Pages 135-156

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History

  • Receive Date: 28 December 2021
  • Revise Date: 06 June 2022
  • Accept Date: 10 June 2022

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