ANALYSIS OF FINANCIAL PERFORMANCE OF COMPANIES IN THE IT SECTOR

DOI Number:

Author: Nuray ERGÜL ve Göktürk Nuri KONDAK

Index: 37

Year: 2023 Summer

Abstract:
The developments in the informatics sector have brought along new developments extending to all areas of life and have led to significant and rapid changes in areas such as production, education and politics. This has led to an increase in the number of companies operating in the IT sector. The fact that the IT sector provides services in different fields and operates under intense competition conditions makes the management of these companies difficult. It is of great importance for IT companies to strengthen their financial structures, examine their competitors, find new funding sources, use their resources effectively, and calculate their risks under heavy competition conditions. This has made it necessary to analyze the financial structures of IT companies. COPRAS and TOPSIS methods can be used in the analysis of financial performance of IT companies. In the study, the performances of IT companies registered in BIST in the period of 2017-2021 are analyzed. In the study, 14 financial ratios were used as criteria and the ranking of companies was made by COPRAS and TOPSIS methods.According to the results obtained with the COPRAS method in the study, the most successful company was LINK in 2017 and ESCOM in 2018-2021. According to the results obtained with the TOPSIS method, the most successful company was LINK in 2017-2021.

Keywords: IT Sector, COPRAS Method, TOPSIS Method, Performance Analysis.

Download Article File